Get started
Mambotrade

Bitcoin respecting the trend line.

Bitcoin (BITSTAMP:BTCUSD)  
Mambotrade  
BITSTAMP:BTCUSD   Bitcoin
Moving Averages Support and Resistance Multiple Time Frame Analysis Cryptocurrency bitcoinforecast bitcoinprice cryptotrading cryptocurrencies bitcoinusd bitcoincash crypto Ethereum (Cryptocurrency)
0
0
movingaverage supportandresistance mtfa cryptocurrency bitcoinforecast bitcoinprice cryptotrading cryptocurrencies bitcoinusd bitcoincash crypto ethereum
Bitcoin has been respecting a trend line and is taking support from it.

The coin is trading around its 20 ema on 15 mint time frame.

Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810.

On daily time frame, it’s forming an inside candle.

Support :- 38100, 37700
Resistance:- 38810, 39270

Wait for price action near the levels for entry.

Related Ideas

Mambotrade
Bitcoin trading in a triangle.
Mambotrade
Play ETHEREUM with moving averages.
Mambotrade
Bitcoin view 14/04/22.
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.