Accumulation and maintenance Bitcoin ( 1D )
(( please read the description ))
Hello friends and companions of Trading View
The green line, after forming the highest price in April 2021 and reducing the price to $ 28k, led to the support and construction of a new ATH in the $ 69k price range, after which the price was revised and supported again by the green line.
As long as we are above the green line, we can hope to test the resistance (if the line is broken down, the market will decline more quickly based on the emotions of the herd)
The two lines 1,2 are intermediate resistance lines that can be supported if broken upwards, The yellow line is the price opened in 2022, which is currently the first strong resistance
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD (Low sales)
* RSI is in the sales zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Hello friends and companions of Trading View
The green line, after forming the highest price in April 2021 and reducing the price to $ 28k, led to the support and construction of a new ATH in the $ 69k price range, after which the price was revised and supported again by the green line.
As long as we are above the green line, we can hope to test the resistance (if the line is broken down, the market will decline more quickly based on the emotions of the herd)
The two lines 1,2 are intermediate resistance lines that can be supported if broken upwards, The yellow line is the price opened in 2022, which is currently the first strong resistance
tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD (Low sales)
* RSI is in the sales zone
I tried to identify the points of support and resistance for you, Trade smartly, Good luck.
.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
********************************* pay attention ****************************
For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades
****************************************************************************
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Related publications
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.