$BTCUSD - Expecting a correction here
Updated
Hi guys! 👋🏻
🔔 I congratulate everyone with overcoming the 50k mark. At the moment I want to pay attention to some similarities in Bitcoin's price, which prompt about the beginning of a small correction before the next bullish movement.
🔔 It is possible that Bitcoin may try to overcome the level of 49800 at night, perhaps even 50,000 and roll back to 48200, where local support is located, there is an EMA50, which can create support. However, bears can push the price below to levels 47400 and 46700, where there will be an excellent point for the entrance to Long, since at this level there is dynamic and static supports.
🔔 Re-test levels 47400 and 46700 and closing over these levels can support growth to 51200 and 53000.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 I congratulate everyone with overcoming the 50k mark. At the moment I want to pay attention to some similarities in Bitcoin's price, which prompt about the beginning of a small correction before the next bullish movement.
🔔 It is possible that Bitcoin may try to overcome the level of 49800 at night, perhaps even 50,000 and roll back to 48200, where local support is located, there is an EMA50, which can create support. However, bears can push the price below to levels 47400 and 46700, where there will be an excellent point for the entrance to Long, since at this level there is dynamic and static supports.
🔔 Re-test levels 47400 and 46700 and closing over these levels can support growth to 51200 and 53000.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Note
so far, so good. tradingview.com/chart/jEJL4Br1/
Nothing is true, everything is permitted.
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