Our recommendation for Bitcoin is to sell for several reasons:
1.As you can see in the chart above, the price is below the Ichimoku cloud that means we're in a downtrend and it's better to trade with the trend
2.We see very interesting support that has been supported twice in the past and has survived So we believe the price will want to go and test this support (3120-3200)
Sell Bitcoin: 3432
Stop Loss: 3550
Take profit: 3200
1.As you can see in the chart above, the price is below the Ichimoku cloud that means we're in a downtrend and it's better to trade with the trend
2.We see very interesting support that has been supported twice in the past and has survived So we believe the price will want to go and test this support (3120-3200)
Sell Bitcoin: 3432
Stop Loss: 3550
Take profit: 3200
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.
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.