BTC is looking sexy! We re-tested the support at 54k twice now and this second time we made a higher low = bullish!
Now we find ourselves at a key resistance level of $58k - if we pass this level and move higher then BTC is likely to set a new ATH and push higher towards $70k!
Price action is bullish and the indicators + volume on 4h confirm this. We only need to move away from this current resistance and then we are going to turn quite bullish on larger time frames like daily.
So watch this price level. If we get rejected, don't worry we have plenty of space to re-test the support at
54K and try again. Bias remains very bullish on BTC so long we are above $54k.
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Now we find ourselves at a key resistance level of $58k - if we pass this level and move higher then BTC is likely to set a new ATH and push higher towards $70k!
Price action is bullish and the indicators + volume on 4h confirm this. We only need to move away from this current resistance and then we are going to turn quite bullish on larger time frames like daily.
So watch this price level. If we get rejected, don't worry we have plenty of space to re-test the support at
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Penerbitan berkaitan
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.