Notice the light blue/red dashed line on this chart...
This is our support level.
Notice the black descending trend-line...
This is our resistance.
Yesterday Bitcoin moved to challenge our resistance and was rejected.
Today we see a bounce at support.
This same support level has been holding for the past 10 days.
It was tested 3 times before and every time Bitcoin bounced.
Now we see BTCUSD moving above EMA50 and EMA100 on this timeframe (1H).
You can see the next target mapped on the chart.
Namaste.
This is our support level.
Notice the black descending trend-line...
This is our resistance.
Yesterday Bitcoin moved to challenge our resistance and was rejected.
Today we see a bounce at support.
This same support level has been holding for the past 10 days.
It was tested 3 times before and every time Bitcoin bounced.
Now we see BTCUSD moving above EMA50 and EMA100 on this timeframe (1H).
You can see the next target mapped on the chart.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.