BitcoinTradingClub

Was this dump just a healthy s/r flip?

BYBIT:BTCUSD   None
It looks like Bitcoin tested the previous big resistance as support and respected it. The horizontal line is a very important level imo. above = bullish and below = bearish.
BTC retraced also to Fibonacci retracement 0.5 level. Overal this looks very healthy to me. Only thing I still keeping in mind is the CME gap at 9645. But this doesn't have to mean anything. It can take Days, Weeks, Months to fill CME gaps. I just hope it will get filled asap so that we don't have to look back for it anymore and move on.

Bitcoin Trading Club is created to share valuable trading ideas, charts and to support each other with our trades (NFA).

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.