Bitduke

XBTUSD - At $9400 resistance

BITMEX:XBTUSD.P   Bitcoin
Bitcoin grinding up since the halving. It tested today $9400 resistance and get rejected what a pretty expected event if to rely on historical data. As you can see at the chart, usually this area was tested several times (highlighted by red) before flying upward.

Looks bullish, not shorting, looking for longs in $9250 area. Ofc we can revisit $9100 (support) as well but I doubt it.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.

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.