BITCOIN READY FOR A MOVE TO UPSIDE.
PAXFUL:BTCUSD
Bitcoin is gaining Momentum after touching our buy zone 1 (at 55K$) which provided support to the price.
It is still hovering over the price region of 57K$-58K$ and if Bitcoin goes above this Price which is a major Resistance, We can expect BTC to go for a good run upwards gaining momentum from the support of the price region 57-58K$ which is our BUY ZONE 2. We can wait for a while to see if the price breaks this resistance or goes back down to our previous BUY ZONE 1.
Bitcoin is gaining Momentum after touching our buy zone 1 (at 55K$) which provided support to the price.
It is still hovering over the price region of 57K$-58K$ and if Bitcoin goes above this Price which is a major Resistance, We can expect BTC to go for a good run upwards gaining momentum from the support of the price region 57-58K$ which is our BUY ZONE 2. We can wait for a while to see if the price breaks this resistance or goes back down to our previous BUY ZONE 1.
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.