BTCupdate| Expect to see a local rebound!
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▫️The buyer still could not contain the local level of $19.550 and the asset fell to $19.000 again.
▫️From the technical side, the chart looks good, it is clear that they are trying to hold back the level of $19.200 and do not let the asset fall below. I expect to see a local bounce to $19.550-20.200
▫️Also, reports from TESLA are coming out in less than 2 hours. I remind you that the company has 10.725 bitcoins left in the asset since the last reset, there is a possibility that the report will contain some information about the asset and the market may also react with a local upward movement, as it was in January 2021. Then the company announced that it was buying bitcoin.
I open a LONG position:
▫️Entry - 19.200$ (5-10X)
✔️Take profit -19.750-20.200$
✖️Stop-18.450$
‼️Not financial advice, make your own decision whether to enter into a deal or not.
▫️The buyer still could not contain the local level of $19.550 and the asset fell to $19.000 again.
▫️From the technical side, the chart looks good, it is clear that they are trying to hold back the level of $19.200 and do not let the asset fall below. I expect to see a local bounce to $19.550-20.200
▫️Also, reports from TESLA are coming out in less than 2 hours. I remind you that the company has 10.725 bitcoins left in the asset since the last reset, there is a possibility that the report will contain some information about the asset and the market may also react with a local upward movement, as it was in January 2021. Then the company announced that it was buying bitcoin.
I open a LONG position:
▫️Entry - 19.200$ (5-10X)
✔️Take profit -19.750-20.200$
✖️Stop-18.450$
‼️Not financial advice, make your own decision whether to enter into a deal or not.
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