BITCOIN - SUPPORT LEVEL HAS HELD STRONG - BULLS IN CONTROL?
Hey everyone, welcome back to this weeks analysis of Bitcoin.
As seen on the chart, price has bounced off my green s/r level.
Just when it seemed like the bears were in control, buyers were able to push the price back up.
Per my analysis last week on the daily time frame I knew that my s/r level would have some sort of reaction to it.
We also see a big volume spike to support the move up.
My bias is bullish for now.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
As seen on the chart, price has bounced off my green s/r level.
Just when it seemed like the bears were in control, buyers were able to push the price back up.
Per my analysis last week on the daily time frame I knew that my s/r level would have some sort of reaction to it.
We also see a big volume spike to support the move up.
My bias is bullish for now.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: instagram.com/jaylen.forex/
Website: forexshinobi.com
Tiktok: Forexshinobi
ForexShinobi
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