Bitcoin Key Levels To Watch (Short Term Bullish)
Finally, after a long time we have a bullish momentum. At least for the short term. What are the key levels to watch!?
BTC (Bitfinex Chart)
The first resistance area from 4472 USD to aprox 4600 USD . (The first blue area on the chart). Ichimoku cloud on the 4H up to 4702 USD. So that's a first area to watch. If we break that, the next area is around 4900/5000 USD. If we break that we have the resistance area from 5412 USD to aprox 5778 USD. We are still in a bear trend. Bitcoin was way oversold for quite some time and this bounce up was expected. When this bull momentum ends, there is still a chance that bitcoin makes a lower bottom.
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BTC (Bitfinex Chart)
The first resistance area from 4472 USD to aprox 4600 USD . (The first blue area on the chart). Ichimoku cloud on the 4H up to 4702 USD. So that's a first area to watch. If we break that, the next area is around 4900/5000 USD. If we break that we have the resistance area from 5412 USD to aprox 5778 USD. We are still in a bear trend. Bitcoin was way oversold for quite some time and this bounce up was expected. When this bull momentum ends, there is still a chance that bitcoin makes a lower bottom.
If you like my idea and you would like to see more more, please give a like. Thank you!
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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.