Bitcoin 4h update
Bitcoin had nice bounce from 30900USD.
Daily candle close was above 36k yesterday, which is really good for next uptrend.
Support - small one 36k, bigger one 34k
Resistance - 39-40k.
If bitcoin breaks level 40k then can continue to 45k and 48k
Possible trade - long from 34k, stoploss below 30k, target 39k,45k,48k
Bitcoin had nice bounce from 30900USD.
Daily candle close was above 36k yesterday, which is really good for next uptrend.
Support - small one 36k, bigger one 34k
Resistance - 39-40k.
If bitcoin breaks level 40k then can continue to 45k and 48k
Possible trade - long from 34k, stoploss below 30k, target 39k,45k,48k
Trade closed: target reached
Nice reaction from the support. Target done:)
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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.