Hello dear friends!
Bitcoin broke all the support levels that we expected according to the previous TA — *6800-6300*, which was a surprise for many of us.
On the chart i showed resistance lines and levels, which can be use as Take Profits from Long trade, which can be opened if Price break trough Blue Resistance and confirm upward direction
Take Profits levels:
TP 1 — 6600
TP 2 — 7000
TP 3 — 7300
TP 4 — 7600
TP 5 — *Free (it have to break all resistances, and show force)
Hard Stop loss — closing daily under 6000$
From Coin Market Cap we can see Altcoin market shows support at 100B market capitalization. But there is 20% move down to this support, so altcoin isn't ready now to grow as we want to.
Bitcoin Dominance in a same time reached it Resistance, where it could retrace.
Good luck, support the chart with likes and comment, share what you think on Bitcoin situation and altcoin market!
Bitcoin broke all the support levels that we expected according to the previous TA — *6800-6300*, which was a surprise for many of us.
On the chart i showed resistance lines and levels, which can be use as Take Profits from Long trade, which can be opened if Price break trough Blue Resistance and confirm upward direction
Take Profits levels:
TP 1 — 6600
TP 2 — 7000
TP 3 — 7300
TP 4 — 7600
TP 5 — *Free (it have to break all resistances, and show force)
Hard Stop loss — closing daily under 6000$
From Coin Market Cap we can see Altcoin market shows support at 100B market capitalization. But there is 20% move down to this support, so altcoin isn't ready now to grow as we want to.
Bitcoin Dominance in a same time reached it Resistance, where it could retrace.
Good luck, support the chart with likes and comment, share what you think on Bitcoin situation and altcoin market!
Note
Btcusdshorts gets lowerNote
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📲 Join Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
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.