Bitcoin in an uptrend channel
Hello every one.
Bitcoin has formed a nice zig zag uptrend. I have drawn the trend support and resistance lines. So watch for breakouts above or below these levels. However, be careful with false breakouts. Remember to be patient and wait for confirmation candles. After all, buying at a higher price is better than falling for a bull trap, right? ;)
Happy trading
Bitcoin has formed a nice zig zag uptrend. I have drawn the trend support and resistance lines. So watch for breakouts above or below these levels. However, be careful with false breakouts. Remember to be patient and wait for confirmation candles. After all, buying at a higher price is better than falling for a bull trap, right? ;)
Happy trading
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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.
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.