Long
BITCOING WEEKLY
Bitcoing has closed for the 3rd time above 34,000 long term major support, stating that it has no intention of heading below the weekly for now
Every single try so far to break below the weekly has failed and it seems that the bulls are taking over. The most likely move now is to our next long term resistance of 41,000 and then if we can break the 50,300, it might be able to reach 65,000 all time highs. Such a strong move will take I think at least 2 weeks minimum.
Every single try so far to break below the weekly has failed and it seems that the bulls are taking over. The most likely move now is to our next long term resistance of 41,000 and then if we can break the 50,300, it might be able to reach 65,000 all time highs. Such a strong move will take I think at least 2 weeks minimum.
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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.