I am mostly long on this position, it might have the long moon-breakout soon, this would be a good starting point for it to do so. Anyhow, I would still watch the price carefully and it breaks the support, it will have another retracement. Keep in mind the bullish forecast for BTC in May every year after consensus. This could break the resistance. Apart from that RSI seems to have formed a double bottom and Bollinger Bands look to get closer.
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Join our Discord under
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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.