Hello traders for btc now in 1H time frame is a dynamic resistance that shown for you by black trendline. So it could be price touch a 42700$ zone again and then hounces up and breakout from trend line
So in my opinion for short time btc is bullish (maybe se will see 46000$ again after breakout). and my suggestion for you is getting long position at safe zones. So if you have a question please comment it
Be proftable
Note
Downward trend line broken by price guys. Wait for confirmation then enter the LONG
Trade closed: target reached
First target reached. Price after breakout reacted exactly what i expect guys. So now i am bullish on btc till 46000$ zone
Trade closed: target reached
As i said guys 46000$ touched. If this level broken by price then next target is 47000$ zone Wait for confirmation then enter
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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.