BTC - Long scenario prevails
Updated
As you can see from the day chart, BTC/USD is testing new level on 51 000, which can be also breakout for a short term. But on my personal opinion as a trader, it can create stable new support zone for trying bullish run in few days after.
What do you think about it?
Dear friends, please push the like button, write comments below, and share this post with other traders - that would be the best support, Thank you.
Information provided is only educational and should not be used to take action in the market.
What do you think about it?
Dear friends, please push the like button, write comments below, and share this post with other traders - that would be the best support, Thank you.
Information provided is only educational and should not be used to take action in the market.
Note
Technical indicatatorsRSI: shows support on level 50, which give us information about ending overheat and opportunity to bullish movement again.
MACD: gives us important signal in our case for beginning new bullish movement and ending bearish fall.
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