Bitcoin is trying to do insane move!
Hello, everyone!
The Bitcoin is inside the very important supply zone third time. The fact that the price is testing one resistance level is a great factor for the potential breakout. Let’s see.
What is bad for bulls? The support trendline was broken to the downside and the price is doing some kind of retest now. Moreover if we see the supply zone breakout it’s extremely important to break the central pivot for February month too for the bullish bias in this month. I want to remind you that I have long position with the buy price $36300 and I suppose that we should see the more significant bounce.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
The Bitcoin is inside the very important supply zone third time. The fact that the price is testing one resistance level is a great factor for the potential breakout. Let’s see.
What is bad for bulls? The support trendline was broken to the downside and the price is doing some kind of retest now. Moreover if we see the supply zone breakout it’s extremely important to break the central pivot for February month too for the bullish bias in this month. I want to remind you that I have long position with the buy price $36300 and I suppose that we should see the more significant bounce.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter:
skyrexio.com
🔥 Win share of 20,000 USDT in Skyrexio x Bybit competition
bit.ly/skyrexiobybit
Trade smarter:
skyrexio.com
🔥 Win share of 20,000 USDT in Skyrexio x Bybit competition
bit.ly/skyrexiobybit
Related publications
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.