#BTC/USD Below $6800 or $7400?
Hello everyone, Welcome to this quick Update.
Although I am not trading this chart right now until we break above $7200 successfully. I would like to share my views on the current chart.
I expect BTC to hold this green cluster of support.
If it does, a rally towards $7400 is highly likely breaking the first resistance around $7200. I don't think this support could break easily besides we have been trying to break 7200 since the last 6 weeks.
Important Support:
1. 50D MA
2. Black Support Trendline at 6900.
3. Long term Support : $6820
Resistance Levels:
$7200
$7390
$7590
$8300.
BE CAUTIOUS WITH YOUR TRADES. Use Stop Loss always...
#Peace
Although I am not trading this chart right now until we break above $7200 successfully. I would like to share my views on the current chart.
I expect BTC to hold this green cluster of support.
If it does, a rally towards $7400 is highly likely breaking the first resistance around $7200. I don't think this support could break easily besides we have been trying to break 7200 since the last 6 weeks.
Important Support:
1. 50D MA
2. Black Support Trendline at 6900.
3. Long term Support : $6820
Resistance Levels:
$7200
$7390
$7590
$8300.
BE CAUTIOUS WITH YOUR TRADES. Use Stop Loss always...
#Peace
Note
Read this update for quick scalping:
Note
Broke below the green support zone. Holding 6820 support so far. Bearish in the short term.
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Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
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Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.