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BTC - DAILY UPDATE | What position should you open today?
What can we see today on Bitcoin chart? The price has twicely tried to break through the support, both time unsuccessfully. After these actions, the right shoulder of inverse H&S pattern was formed and the price went upward. At the moment I expect from BTC to trade above the resistance $5800 and then going further. In case the price will move downward - we need to keep in mind two zones: the first one is $5650, it is quite good for buying and opening LONG position. And the second one is located below the support $5550, if the price falls below this level - you we would start thinking about possible SHORT position.
BTC to trade above the resistance $5800 and then going further. In case the price will move downward - we need to keep in mind two zones: the first one is $5650, it is quite good for buying and opening LONG position. And the second one is located below the support $5550, if the price falls below this level - you we would start thinking about possible SHORT position.
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Website:
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Public Telegram Channel:
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Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
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