BTC/USD Technical analysis May 18th
A lot of people are watching the bitcoin chart right now. Its also very "nice" to look at with very nice technicals .
Here are my reasons for me to watch it :
- 3 impulsive waves
-Valid Trendline ( 3 touches )
- Nearing 7.8k support
Important to know : Right now we have no bullish entries the key area to watch is 7.8k.
We have to see what happens there.
For now thats all if anything new happens ill keep you updated if you want more just watch the video ! :)
Here are my reasons for me to watch it :
- 3 impulsive waves
-Valid Trendline ( 3 touches )
- Nearing 7.8k support
Important to know : Right now we have no bullish entries the key area to watch is 7.8k.
We have to see what happens there.
For now thats all if anything new happens ill keep you updated if you want more just watch the video ! :)
Disclaimer
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.