Bitcoin is re-testing the Symmetrical Triangle Support that was form a couple weeks ago.
From this perspective we could see Bitcoin will drop soon, but from the Price Action that shown to us through the Chart.
I also can say that El Salvador's News kinda make Bitcoin price confuse a little bit before continuing the clear trend or movement.
Hopefully the price can hold above the EMA 21 , 34 & 55 first and breakout the Resistance.
Wish you well and have decent profits.
Disclaimer: This content is not a Financial Advise.
From this perspective we could see Bitcoin will drop soon, but from the Price Action that shown to us through the Chart.
I also can say that El Salvador's News kinda make Bitcoin price confuse a little bit before continuing the clear trend or movement.
Hopefully the price can hold above the EMA 21 , 34 & 55 first and breakout the Resistance.
Wish you well and have decent profits.
Disclaimer: This content is not a Financial Advise.
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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.
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.