Bitcoin has 2 paths currently
Bounce off it's first support at $7,578 and secondary support at $7,271
Retraction back to our strong support and last tested low of $6,250 is still possible until we break our main resistances at levels of $9,200, $10,000
If we retest last time lows, we will be refilling on Bitcoin - that's just what we personally will do
Remember to invest what you can afford to lose. We are not your financial advisors.
Bounce off it's first support at $7,578 and secondary support at $7,271
Retraction back to our strong support and last tested low of $6,250 is still possible until we break our main resistances at levels of $9,200, $10,000
If we retest last time lows, we will be refilling on Bitcoin - that's just what we personally will do
Remember to invest what you can afford to lose. We are not your financial advisors.
Note
Bounced off our temporary supportNote
We expect $5,000 range within 12-24 HoursNote
Keep in mind that we have few supports coming up at $8,000 range and $7,000 range. Bounce offs are likely with volume increase.Note
Look at new charts for updatesTrade closed manually
We are closing this trade, because I will not be providing updates on this specific chart. Please look at newer chart I have posted!Note
We are rising right off our support bounce along the line arrowNote
$10,000 next targetRelated publications
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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.
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.