Bitcoin Long or Short ?
BTCUSDT
*If Bitcoin breaks the Resistance of $52,500 we can see a good move for the Long position.
*If it consolidates and forms a rejection candle BTC will fall below $45,000.
Spot rate: $51,540
Support: $42,000
Resistance: $52,500
TP for LONG Position: $59,000
TP for Short Position: $45,000 - $42,000
*If Bitcoin breaks the Resistance of $52,500 we can see a good move for the Long position.
*If it consolidates and forms a rejection candle BTC will fall below $45,000.
Spot rate: $51,540
Support: $42,000
Resistance: $52,500
TP for LONG Position: $59,000
TP for Short Position: $45,000 - $42,000
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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.
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.