Bitcoin, squeezing and breakout as a good buying opportunity!
At the level of $34,000 bitcoin found a level of support. After that, the price returned to $39-40 thousand. Now we can note the level of $39,865. This is a key level. Squeeze and breakout will be a positive signal.
Additionally, we would like to highlight that there are large volumes at the bottom. This is a good signal. At this point, there is a possible scenario of breakdown of resistance and continuation of the uptrend. Squeezing and breakout of the key level is a good opportunity to buy.
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.
Additionally, we would like to highlight that there are large volumes at the bottom. This is a good signal. At this point, there is a possible scenario of breakdown of resistance and continuation of the uptrend. Squeezing and breakout of the key level is a good opportunity to buy.
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.
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Note
Note
Note
Note
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_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.