Bitcoin has been rejected four times while trying to reach higher price levels
Every rejection has shown the weakness of buyers and the strength of sellers
This suggests the Bitcoin market has a bearing bias at the moment
The likely buy zones are around $7500-7600 which corresponds to 68.2 Fibonacci level
Buy the dip
GL
Every rejection has shown the weakness of buyers and the strength of sellers
This suggests the Bitcoin market has a bearing bias at the moment
The likely buy zones are around $7500-7600 which corresponds to 68.2 Fibonacci level
Buy the dip
GL
Trade active
BTCUSD is moving up. Watch for how it reacts to the resistance as shown in YELLOW Trade active
BITCOIN is still showing weakness Trade active
Bitcoin still showing weakness (SHORT)Trade active
UPDATE: Bitcoin is going down as expected, let's see at what price level buyers jump in to stop this drop: Trade active
BITCOIN UPDATE: weakness in the market is real, buy the dipTrade active
BTC Update: Bitcoin has been falling as expected with sellers in control of the market so far, buy the dip (green lines) Trade active
BTC update: nice drop there, but not the last one, getting into buying zone Trade active
UPDATE: BTC reaching buying zone, but not done yetTrade active
BTC update: watch out Bitcoin is getting ready for the next leg downTrade active
Update: becoming reached the buying zone as predicted, waiting for signals reversalTrade closed: target reached
Update: Bitcoin is going to rally short term, Closing position. Long BTC
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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.
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.