Bitcoin - going to renew its local high 🤯❗
Updated
Yesterday bitcoin broke through the trend line and tested it as resistance, corrected by just 2%, after which the move was quickly bought out. During the fall, there was a noticeable increase in volume, which signaled a reversal of the move. As a result, the price is again near its local high.
On the chart, you can see the local accumulation. At the moment the price is above the accumulation zone, with a high probability BTC could go even higher. Collect stop losses above the local high and keep moving towards the upper liquidity zone.
But be careful - it could be a trap.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
On the chart, you can see the local accumulation. At the moment the price is above the accumulation zone, with a high probability BTC could go even higher. Collect stop losses above the local high and keep moving towards the upper liquidity zone.
But be careful - it could be a trap.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Note
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.