BitcoinUpdated Strong support found
Ok guys, you saw 11500 confirmed as bottom line here, we had several touches on 12k and it rejected us again, but there is something forming here ...
Ascending trend line, triangle(market and rsi), bullish divergence in rsi(Again and again ...)
So, I recommend you to keep your eyes open on market, its possible to see a retest on bottom line, and also after that testing mid line(we are in mid line now) and top of the channel(12k)
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).
Ascending trend line, triangle(market and rsi), bullish divergence in rsi(Again and again ...)
So, I recommend you to keep your eyes open on market, its possible to see a retest on bottom line, and also after that testing mid line(we are in mid line now) and top of the channel(12k)
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe and GOOD LUCK(ALWAYS WEAR A FACE MASK!).
Note
Mid line tested and it seems it broke, so I recommend you to stay and watch it for a while, if you see a break out on 11500 again, it means we are stable, but if you see break down on 11k we are going to test 10500 ...Good luck and take care guys.
Trade closed: target reached
Trade closed: target reached
And top of the channel(12k) ...Congrats ...
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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.