BitcoinUpdated BTC IMPORTANTE MOVE AND UPDATE
Heading to our first selling zone $7036/$7189, then retest of the neck line at $6800, now be careful Opening longs here, this retest Could fail and we could start dropping (40% for this idea). Next selling Zone and more risky one between $7400/$7500, You don't need to be the last person selling at the highest price, don't use one target use a Zone, for this idea i will give (60% probability) That level will act like a VERY STRONG Resistance it won't be able to go any higher than that, next buying zone 4900/5200 in August, if anything changes i will update. but this is the analysis for now.
Trade active
We won't open short sells at 7500 yet, need to wait for weakness signs!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.