Bitcoin can retest support level and continue to rise
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Hello traders, I want share with you my opinion about Bitcoin. When observing the chart, we can see how the price began to decline from the resistance area 30040-29850, formed a downward impulse, retested the support area, bounce back and broke through the resistance level 29130. The price reached the resistance area retested it, dropped and made a fake breakout of the current support level and traded higher for some time. After a correction upwards, the price began to felling, broke through the current support level and dropped to mark 27650. Then the price changed its direction and began an upward movement. After making a small correction and retesting the support line, the price continued to rise and broke through the resistance level. Bitcoin is currently trading above the current support level and could go down and test it. I think that the price after a possible retest can continue the upward movement. In this case, I decided to set the goals for Bitcoin at 29540 and in the zone 29850-30000. Please share this idea with your friends and click Boost 🚀
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
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המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.