Get started

Btc1d

👀 Does Bitcoin give an opportunity to enter?The differences between investment and trading can be pointed out that in the recent increase in the price of Bitcoin, we did not have the opportunity to enter the market except for a trade against the trend. but the investors were in that In the daily time frame, Bitcoin has reached its channel ceiling. In lower time frames (four hours), I am looking for short positions in case of clear bearish signals. Of course, this trade goes against the trend, but I will enter it with capital management in mind although opening a long position is better than a short position at this moment we are not at a good price for opening a long position we must wait... this is not financial advice and needs more analysis for an open position
by Chartimus
BTC returns to around $ 40,000 !Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, the price moves in the uptrend channel marked with blue lines. Let's start with the designation of the support line and as you can see the first support in the near future is $ 38,782, if the support breaks down, the next one is $ 36,174 and $ 32,893. Now let's move from the resistance line, as you can see, the first resistance BTC is heading towards is $ 40,170, if you can break it, the next resistance will be $ 41,727 and $ 42,905. Looking at the CHOP indicator, we can see that in the 1-day interval we have a lot of energy that can be used in the coming days, while the MACD indicator shows a continuation of the upward trend.
by cryptodailyuk
1