Bitcoin is near its trendline support zone. What is next?
Last three days, BTC/USD lost nearly $3500 in its value. BTC is hovering at its minor trendline support zone of $39500.
$3800/37500 is its strong trendline support zone. Several times, BTC went up from its minor and major trendline support. I am expecting this time will also respect the trendline support.
As long as BTC is above the trendline support zone, it has a chance to test the upside. If the market breaks below the trendline support zone of $36500, it may continue more downside.
Buy Zone: Current market price = $39500/39000
Buy Limit Zone: $37500/37000
SL: 36500
TP1: $43000
TP2: $47000
On the other hand, If BTC breaks below $36500/36000, it may test its most substantial support zone of $30000...
$3800/37500 is its strong trendline support zone. Several times, BTC went up from its minor and major trendline support. I am expecting this time will also respect the trendline support.
As long as BTC is above the trendline support zone, it has a chance to test the upside. If the market breaks below the trendline support zone of $36500, it may continue more downside.
Buy Zone: Current market price = $39500/39000
Buy Limit Zone: $37500/37000
SL: 36500
TP1: $43000
TP2: $47000
On the other hand, If BTC breaks below $36500/36000, it may test its most substantial support zone of $30000...
Forex Signals:
t.me/Goldtradingexpertfree
Youtube:
youtube.com/channel/UCMRAU6KDZOro-KmFFSKlfYA
Linkedin:
linkedin.com/company/investor-tipster
Website:
investortipster.com/
t.me/Goldtradingexpertfree
Youtube:
youtube.com/channel/UCMRAU6KDZOro-KmFFSKlfYA
Linkedin:
linkedin.com/company/investor-tipster
Website:
investortipster.com/
פרסומים קשורים
כתב ויתור
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.