BitcoinLong
$BTCUSD - Support withheld for now
Updated
Hi guys! 👋🏻
🔔 There is a strong support zone at $43000 and $43800 levels which Bitcoin tested and for now keeps above them.
🔔 This support area is also backed by EMA50 and MA200. First strong retest is at $48000 if closes above then will reach the $51500.
tradingview.com/chart/jEJL4Br1/
🔔 Keep in mind that $52900 is a Fibo 0.618 of April 13's correction, so for new highs closing above this level is a must.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 There is a strong support zone at $43000 and $43800 levels which Bitcoin tested and for now keeps above them.
🔔 This support area is also backed by EMA50 and MA200. First strong retest is at $48000 if closes above then will reach the $51500.
tradingview.com/chart/jEJL4Br1/
🔔 Keep in mind that $52900 is a Fibo 0.618 of April 13's correction, so for new highs closing above this level is a must.
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
Note
Nothing is true, everything is permitted.
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