Hi, going to keep this short, but we are in a golden place for purchasing bitcoin right now.
If you take a look at my previous chart i posted regarding bitcoin i had drawn a potential buy area. I HAVE USED THE SAME CHART.
Here however I have added an arrow. if the price closes above the support line it means that we have a false bottom!
The price and support at 6500 is holding strong! Great potential buy area!
I was typing this quickly just to get it out there so I apologize for any spelling mistakes.
Best of luck in your trading
// Kingpersia
If you take a look at my previous chart i posted regarding bitcoin i had drawn a potential buy area. I HAVE USED THE SAME CHART.
Here however I have added an arrow. if the price closes above the support line it means that we have a false bottom!
The price and support at 6500 is holding strong! Great potential buy area!
I was typing this quickly just to get it out there so I apologize for any spelling mistakes.
Best of luck in your trading
// Kingpersia
Note
I would just like to add that the blue lines indicate support/resistance areas
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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.