1)We observe a broken trend line
2)RSI confirms the movement and is above 50
3)EFI confirms movement and volume and is above the zero mark
4)DMI shows a change in the trend towards an upward trend
___________________________________________________________
first resistance level is 206 ( fib )
the next resistance level is 222 and 234 ( 222 weaker )
but again this option works only in the case of the ascending bitcoin movement (!!!) (see my bitcoin analysis)
2)RSI confirms the movement and is above 50
3)EFI confirms movement and volume and is above the zero mark
4)DMI shows a change in the trend towards an upward trend
___________________________________________________________
first resistance level is 206 ( fib )
the next resistance level is 222 and 234 ( 222 weaker )
but again this option works only in the case of the ascending bitcoin movement (!!!) (see my bitcoin analysis)
Note
good volume in a blue circle , the next target is 222 ( provided that bitcoin will continue to grow ) Trade closed manually
bitcoin began to decline
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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.
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.