Lingrid | BITCOIN potential Shift in the TREND
Last week, 
BTCUSDT bounced off the resistance and dipped down to retest the psychological support level at 60,000. After this retest, the price bounced back and managed to break and close above the 62,500 level, which had been tested multiple times before. Looking left, we can see that this level was respected five times in a row. The recent candle further highlights the strength of this level, as it broke the level with a large bullish candle. On the daily timeframe, the higher lows and higher closes indicate a more bullish sentiment rather than a bearish one. I believe that if this support holds, there is a strong chance the price may retest the recent resistance zone. My target is resisatnce zone around 65,500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
BTCUSDT bounced off the resistance and dipped down to retest the psychological support level at 60,000. After this retest, the price bounced back and managed to break and close above the 62,500 level, which had been tested multiple times before. Looking left, we can see that this level was respected five times in a row. The recent candle further highlights the strength of this level, as it broke the level with a large bullish candle. On the daily timeframe, the higher lows and higher closes indicate a more bullish sentiment rather than a bearish one. I believe that if this support holds, there is a strong chance the price may retest the recent resistance zone. My target is resisatnce zone around 65,500Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
📚The BEST Trading Course: t.me/lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3J4aRVE
🏆TOP Broker: lingridedu.com/brokerFXPro
🌎WebSite: lingrid.org
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.