BITCOIN UPDATE
BITCOIN UPDATE
Market broke below 4hr support during the asian session to collect the liquidity of the leveraged buyers stop losses that would of been placed below these lows, we closed out long yesterday in profit just before this move occurred, now we have a new possibility to re enter. We can see price bounced of this daily support and has formed a 1hr double bottom, now if market makes a new higher high on the 1hr above this resistance we will re enter a nice long on the retest.
Market broke below 4hr support during the asian session to collect the liquidity of the leveraged buyers stop losses that would of been placed below these lows, we closed out long yesterday in profit just before this move occurred, now we have a new possibility to re enter. We can see price bounced of this daily support and has formed a 1hr double bottom, now if market makes a new higher high on the 1hr above this resistance we will re enter a nice long on the retest.
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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.