#Bitcoin is retesting a zone of significant resistance at ~$50,900. If this area fails to hold we could see a slight dump down to around $46-$47K. If we rebound off resistance, and you confirm with whatever indicator you prefer (I personally like MACD, slow Stochastics, and RSI when trading support and resistance zones) enter long at $51K and set your take-profit levels.
#BTC hourly chart.
#cryptocurrency #crypto #kronickrypto
#BTC hourly chart.
#cryptocurrency #crypto #kronickrypto
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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.