quick Bitcoin update, please drop boost and follow for more! thanks 💛
as expected, we saw heavy resistance at trend resistance and 25k psychological level.
currently #bitcoin is still in its bullish trend, bouncing from trend/RSI support zone for the 4/5th time, and also in process of making its 3rd higher low.
these are all bullish signs for me, so until these signs start to change, I remain bullish on bitcoin.
as expected, we saw heavy resistance at trend resistance and 25k psychological level.
currently #bitcoin is still in its bullish trend, bouncing from trend/RSI support zone for the 4/5th time, and also in process of making its 3rd higher low.
these are all bullish signs for me, so until these signs start to change, I remain bullish on bitcoin.
Note
nice break past long trigger after another higher low :) now watch for continuation towards 25k, we my have some crossing this level though. watch the trend resistance! it is keyNote
very nasty dump, but look at how it bounced perfectly from the most previous higher low!! l will definitely be looking at long scalps in the morning if that purple level holds
Note
Long and short triggers Both paid! If you ain’t eating you ain’t listening hereNote
people asked "what now?" basically it had bearish break below trend support/short trigger, but still above blue zone (most recent higher low zone)
as long as it holds above this zone then it can climb back into the bullish trend soon, but break of the zone and we will see big dump. watch closely.
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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.