Hello trading army I hope everyone is doing good and taking care of themselves ๐
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing ๐ง
volumes play very important role in trend and they should not be ignored.
okay now lets talk about the levels , major support for bitcoin is currently at 55753 to 55400 zone. if bitcoin's break this we can expect change in trend and another leg down till 52800-52400
If you want to participate in current trend look for entry above 59000 , or you can add on pullbacks on trendline
Thats all from my side thank you ๐
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing ๐ง
volumes play very important role in trend and they should not be ignored.
okay now lets talk about the levels , major support for bitcoin is currently at 55753 to 55400 zone. if bitcoin's break this we can expect change in trend and another leg down till 52800-52400
If you want to participate in current trend look for entry above 59000 , or you can add on pullbacks on trendline
Thats all from my side thank you ๐