BTC has brokeout strong resistance and what's next ?
Like I said, Bears are wood, coal, oil, petrol, and gas.
BTC has brokeout 0.618 daily strong resistance !
And what's next ?
Using fixed range volume profile tool, we can see that the next strong resistance will be $56000, and there is a gap between $52000 and $56000.
I think BTC will hit $56000 in the next few weeks, pessimistically, in the next few month :)
Maybe holding long postion with low leverage for a long time is the best trading strategy to catch the big bullish trend of BTC.
And there are 2 support including $50950, $50348 currently.
Watch out fake breaks.
Not Financial Advice.
BTC has brokeout 0.618 daily strong resistance !
And what's next ?
Using fixed range volume profile tool, we can see that the next strong resistance will be $56000, and there is a gap between $52000 and $56000.
I think BTC will hit $56000 in the next few weeks, pessimistically, in the next few month :)
Maybe holding long postion with low leverage for a long time is the best trading strategy to catch the big bullish trend of BTC.
And there are 2 support including $50950, $50348 currently.
Watch out fake breaks.
Not Financial Advice.
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.
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.