Bitcoin has seen a rather quick dump last night, taking the whole market down with it. As seen on the chart, Bitcoin seems to be bouncing off the lower support of the channel. This trade is based on the idea that Bitcoin gets bought up quickly after every dump, like it has been doing for months now.
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
On the chart Iโve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
๐ฏOfficial Channel: t.me/FieryTradingChannel
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: www.fierytrading.com
