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UnknownUnicorn2760874
Apr 3, 2020 1:44 PM

BITCOIN price trades in strong Uptrend near Support Zone Long

Bitcoin / DollarBitfinex

Description

Hi friends, here my daily analytics for Bitcoin price.

Reasons:
- Price trades in Uptrend
- Price trades near support zone
- Support zone is 6850-6750 $
- Support line
- Follow Trend
- Always do your own research before opening positions and always put SL

If you have your own opinion or thoughts about current market situation, feel free to write it in comment below !
Comments
trade-crypto4ever
In my opinion, it will go down because of the H&S pattern.
UnknownUnicorn2760874
@trade-crypto4ever, maybe, good chart
UnknownUnicorn2760874
@trade-crypto4ever, so, you will short it ?
trade-crypto4ever
@Moiseiev_Yurii, I have a short open at 7k when the price moved up and made the second shoulder.
trade-crypto4ever
@Moiseiev_Yurii, Plus the pattern is confirmed when the price has closed below the neckline. This is my view, for now, not saying it will work 100%, but so far it's all good.
TheMasterBitcoin
@Moiseiev_Yurii, youre playing with fire right now ... invest right now in crypto nor worth it. The space will lost will go down another than 40% from here cryptodaily.co.uk/2020/04/next-btc-might-near ... your are not seeing the overral world picture ... youre longing a uselesness coin ...
s.anselam
@TheMasterBitcoin, show us your short position or it didn't happen.
UnknownUnicorn2760874
@TheMasterBitcoin, lol, i dont think so. But you can do what you think is right mate !)
UnknownUnicorn2774089
thats a really weird strong support line
UnknownUnicorn2760874
@LeoKim, What do you mean? I didnt said that that strong support line
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