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As seen on the chart, we have a trendline breakout and a trendline breakout and a retest which was followed by a bearish move.
Price also broke out of the demand zone to the available support zone at $39,600.
Price is bullish right now to the previous support, now resistance at $45,500.
After Bitcoin hit this price, I expect a fall to $35,000 before it continue with the bigger trend.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on BTCUSD ( BITCOIN ) 🤗
Happy Trading💰🥳🤗
Not a financial advice🙅🏼♂️
As seen on the chart, we have a trendline breakout and a trendline breakout and a retest which was followed by a bearish move.
Price also broke out of the demand zone to the available support zone at $39,600.
Price is bullish right now to the previous support, now resistance at $45,500.
After Bitcoin hit this price, I expect a fall to $35,000 before it continue with the bigger trend.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on BTCUSD ( BITCOIN ) 🤗
Happy Trading💰🥳🤗
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Telegram Channel:
t.me/PetrockTheAnalyst
Free Trial / Contact Us:
t.me/PetrockTheAnalystSupport
Recommended Exchanges:
Mexc
promote.mexc.com/r/x3TxT1ni
Bybit
bybit.com/invite?ref=761XRO
t.me/PetrockTheAnalyst
Free Trial / Contact Us:
t.me/PetrockTheAnalystSupport
Recommended Exchanges:
Mexc
promote.mexc.com/r/x3TxT1ni
Bybit
bybit.com/invite?ref=761XRO
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.