BitcoinShort
Trading plan: BTCUSD (Bitcoin)
Updated
Current situation:
Bitcoin's price is moving in a bearish trend. Reversal of its rate is possible near the support levels.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 7260;
$ 6850;
$ 6615;
$ 6441.
Support levels:
$6000;
$ 5785.
Forecast:
We are looking for the possibility of selling Bitcoin near the level of $ 6441 with the nearest targets: $ 6000 or $ 5785.
Bitcoin's price is moving in a bearish trend. Reversal of its rate is possible near the support levels.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$ 7260;
$ 6850;
$ 6615;
$ 6441.
Support levels:
$6000;
$ 5785.
Forecast:
We are looking for the possibility of selling Bitcoin near the level of $ 6441 with the nearest targets: $ 6000 or $ 5785.
Note
Trading plan: BTCUSD (Bitcoin)Current situation:
Bitcoin's rate is still in a downward movement. We forecast a bounce of Bitcoin prices in the coming days.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$7260;
$6850;
$6615;
$6441.
Support levels:
$6125;
$6000;
$5785.
Forecast:
The rise in Bitcoin's price from the level of $ 6125 to $ 6441, or $ 6615.
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