Art_of_Trading

BITCOIN (BTC) Forms Support for Long?!

BITFINEX:BTCUSD   Bitcoin
The price formed a new support at 8900 area. The BTC touched it twice and it was rejected both times. In other words, the buy orders are placed there and if it touches that support again, it will most likely bounce back. In addition, the price action shows the buyers are in control of the price. The recent green bullish bar indicates that the price is getting buying momentum.
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.