BITCOIN: A RALLY TOWARDS $28K!!!
What's up traders, it has been a while. I hope you guys are doing great.
Let me give you a quick update on BTC in a higher timeframe.
Timeframe: 3 Days.
Recap: In my previous update, the 21 MA ($23150) was an important resistance level for BTC. It was mentioned that if BTC breaks above the 21 MA then we may expect a rally towards 28.7k.
Current Scenario: Well, in 3 days TF, BTC broke above the 21 MA which is good for the market. The same 21 MA resistance is now strong support for BTC. If we follow the dotted trendline then it looks like a BRB (breakout, re-test, and bounce back). If at all we see a rally then I am expecting BTC to reach close between
27K to 29k.
Conclusion: BTC could be a good trade if it stays above the 21 MA support. I will stick with $19270 as an ultimate support level and 28k to 31.7k.
Let me give you a quick update on BTC in a higher timeframe.
Timeframe: 3 Days.
Recap: In my previous update, the 21 MA ($23150) was an important resistance level for BTC. It was mentioned that if BTC breaks above the 21 MA then we may expect a rally towards 28.7k.
Current Scenario: Well, in 3 days TF, BTC broke above the 21 MA which is good for the market. The same 21 MA resistance is now strong support for BTC. If we follow the dotted trendline then it looks like a BRB (breakout, re-test, and bounce back). If at all we see a rally then I am expecting BTC to reach close between
27K to 29k.Conclusion: BTC could be a good trade if it stays above the 21 MA support. I will stick with $19270 as an ultimate support level and 28k to 31.7k.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.