Bitcoin can rebound from buyer zone to the top part of range
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Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few days ago traded in the seller zone, which coincided with the 29000 resistance level, but after it rose to 29650 point, the price started to decline and in a short time fell to 29000 level. Then BTC broke it and made a strong downward impulse below the 25600 support level, which coincided with the buyer zone, but at once it rebounded up, thereby making a fake breakout. Also then price entered to big range, where Bitcoin traded near the buyer zone. Later price declined to the 25600 support level and even fell below again, but soon bounced back and later rose to the top part of the range. After this movement, BTC declined to the buyer zone and started to trade nearby. At the moment price continues to trade very close to the buyer zone inside the range and I think that Bitcoin can make a correction to the support level, which coincides with the buyer zone, and then the price can bounce and start to rise to top part of the range. For this reason, I set up my target at the 26800 level. 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.