BTCUSD at a key support of a trendline!
After the decline in price that we see today, price is now holding at the ascending trendline that we've placed on the lows from the end of last month.
We've seen how strong the trendlines are many times. That's why we will watch out for price action right now, and is it going to hold there.
In this case we wouldn't suggest to enter buy orders as we have lower highs before that.
That means, if we see price closing below the trendline, we will most possibly see a downside continuation.
The first support is at 31 400!
Follow us for more specific opportunities!
We've seen how strong the trendlines are many times. That's why we will watch out for price action right now, and is it going to hold there.
In this case we wouldn't suggest to enter buy orders as we have lower highs before that.
That means, if we see price closing below the trendline, we will most possibly see a downside continuation.
The first support is at 31 400!
Follow us for more specific opportunities!
Note
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.