BitcoinLong
Bitcoin(BTCUSD): At Critical Support level,Potential Long setup.
Bitcoin
After a Big move to the downside the market is at a critical Support level. If the market holds the current Support level. there is chance that market will make a little move to the upside till the next important level $6870.
NOTE:
Beware of the False Breakouts.
If a Strong Bearish candle close below the Previous Low(Blue Line) with a Stong momentum, the setup will invalidate..
After a Big move to the downside the market is at a critical Support level. If the market holds the current Support level. there is chance that market will make a little move to the upside till the next important level $6870.
NOTE:
Beware of the False Breakouts.
If a Strong Bearish candle close below the Previous Low(Blue Line) with a Stong momentum, the setup will invalidate..
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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.