I don't trade bitcoin often and non-baised on it's direction. Although, I believe it is valuable in the sense of a technology standpoint and method of payment. In the future and after price stability, it could become an alternative method of currency.
$378.05 looks to be a predominate support level, as price action lingers in a demand zone. If price can trade out of it's current range (created after breaking down through a small triangle), BTCUSD could reach $450 with a three-month outlook. This resistance level corresponded to price action, dynamic (EMA), and trend resistance.
A break through this demand zone would expatiate selling, with more downside risk than upside potential.
$378.05 looks to be a predominate support level, as price action lingers in a demand zone. If price can trade out of it's current range (created after breaking down through a small triangle), BTCUSD could reach $450 with a three-month outlook. This resistance level corresponded to price action, dynamic (EMA), and trend resistance.
A break through this demand zone would expatiate selling, with more downside risk than upside potential.
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.
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.