In chart 4h
We have see Bitcoin side ways in $35.200 - $32.400
How to know Bitcoin bouncing and pullback in the next time?
MACD and RSI in 4h is very low.
In short-term we can know Bitcoin go to uptrend and downtrend use zone resistance and zone support
With uptrend when candles 1 Day close with price higher $36.000.
Bitcoin will establish new uptrend with short-target same as:
(1) $38.000
(2) $40.000
(3) $42.000
With uptrend when candles 1 day close with price lower $34.000
Bitcoin have break down move with short-target same as:
(1) $32.000
(2) $30.400
(3) $28.000
A fews recommend buy a little BTC in zone support and wait BTC rehibilitate and sell it when price back 4-10%
Thanks
We have see Bitcoin side ways in $35.200 - $32.400
How to know Bitcoin bouncing and pullback in the next time?
MACD and RSI in 4h is very low.
In short-term we can know Bitcoin go to uptrend and downtrend use zone resistance and zone support
With uptrend when candles 1 Day close with price higher $36.000.
Bitcoin will establish new uptrend with short-target same as:
(1) $38.000
(2) $40.000
(3) $42.000
With uptrend when candles 1 day close with price lower $34.000
Bitcoin have break down move with short-target same as:
(1) $32.000
(2) $30.400
(3) $28.000
A fews recommend buy a little BTC in zone support and wait BTC rehibilitate and sell it when price back 4-10%
Thanks
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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.