BTC broke through 50,000 and it looks like it decided to gain a foothold above this value. So far, we are seeing long positions and continued growth. Approximate movement is shown by waves from 0 to 5 points. If the green support line is broken, we will go down to the blue, but this will be a local correction. It is better to hold positions and open stops at the level of 47-49,000
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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.