Bitcoin, rallies into major resistance! Continuation or..?
Bitcoin is pricing in a premium array and it's trending into major resistance, and I would like to see the price be valued down to 25.5k and take some strong bids before it's gonna continue and value at its higher prices.
I am a short seller because the price which is going to this resistance is really ineffective and very weak. Confirmation with weekly PoC and with U.S. Dollar on major support.
We'll see how it's gonna uphold, but for me, it gives me a nice risk-reward on higher time frame.
I am a short seller because the price which is going to this resistance is really ineffective and very weak. Confirmation with weekly PoC and with U.S. Dollar on major support.
We'll see how it's gonna uphold, but for me, it gives me a nice risk-reward on higher time frame.
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.