BTCUSDT ! Key level is broken, Very bullish candlesticks
Last 1 month Bitcoin was wrestling with the key level; $24,500. But it broken through on Aug 12th. The resistance level tested three times before gravestone doji candlestick formed which indicates the resistance line had broken and it became support line. As once was the strong resistance line becomes support line, it gives traders confidence to take long position.
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Last night price sharply drop at key level zone, i guess its pullbacki was open entry long at 24200. TP 28000
Trade closed manually
Lost bullish momentum
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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.