BillCharison

BTC - Further Up.

Long
COINBASE:BTCUSD   Bitcoin
Well, as we can see - the price took hold above the strong resistance (±$5235) and now came to the another resistance ($5350) that is formed by a flat triangle's top edge. If the price breaks through this resistance and takes hold above, we will have great chances to see upward movements to $5400 - $5500 -$5600 zones. However, in case the price won't break the resistance - it will come back to the previous resistance (now support) $5235.

By the way, we have to keep in mind that in case the price breaks the support at $5200, we can cancell our LONG position and look for a SHORT entry points.

Work in the team of Crypto Klondike.

Website:
klondikepro.com/

Public Telegram Channel:
t.me/CryptoKlondike

Join Bybit with us:
goo-gl.su/ibF9Y

Twitter:
twitter.com/Robert_Klondike

Email:
ekstraruto@gmail.com
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.