Updated
BTC Ready for another Test
BTC Major Support Test
Bitcoin is again testing the major support area of 28-30k, after previously bouncing up from this area 3 times.
Can bitcoin manage to bounce of this area again of is this the start of a bigger bearrun.
If bitcoin manages to stay in the bearish pattern the upper trend line will be tested next, this trend line must be broken in order to outbreak the bearish pattern. Until this happens we are still in the bear market.
-SR7-Tradings
Trading for fun, let me know what you think
Bitcoin is again testing the major support area of 28-30k, after previously bouncing up from this area 3 times.
Can bitcoin manage to bounce of this area again of is this the start of a bigger bearrun.
If bitcoin manages to stay in the bearish pattern the upper trend line will be tested next, this trend line must be broken in order to outbreak the bearish pattern. Until this happens we are still in the bear market.
-SR7-Tradings
Trading for fun, let me know what you think
Trade active
After confirming the bounce, target is 33K!Note
What a bounce again :)Note
Target of 33k almost reached !Trade closed: target reached
Target is reached, take profits !Now watch if the upper bearish trend break will fall, then get back in ASAP!
Note
BTC is testing upper trend line, might pump!Note
Elon Musk Joined the Party !
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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.