This is my overview of Bitcoin.
There are several resistance that bitcoin is trying to break throw:
1- 200 MA resistance
2- Yearly open highs
3- uptrend resistance line
4- downtrend resistance line
its currently in a big symmetrical triangle which could go up or down.
Personally waiting for a conformation for breaking to the upside would be safer, which is above 48k
I will be playing it level by level by shorting and longing it.
There are several resistance that bitcoin is trying to break throw:
1- 200 MA resistance
2- Yearly open highs
3- uptrend resistance line
4- downtrend resistance line
its currently in a big symmetrical triangle which could go up or down.
Personally waiting for a conformation for breaking to the upside would be safer, which is above 48k
I will be playing it level by level by shorting and longing it.
Note
Please if you find this helpful, go follow me on Twitter. ' AnzehCrypto 'for more updates, and I will chart your coin as well for free over there. ;)
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.
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.