BTCUSDT | Thoughts on Bitcoin, we can break higher today!
Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Guys, I'm updating the idea for Bitcoin again, because now we are in the middle breakout zone, or again leaving $19,500 and below.
The repeated attempt to break below $19.500 of the bears ended with a rebound, thereby marking a local support level, at the moment we are in the $20.300 zone, pushing up the resistance borders of $20.600
Also, who remembers wrote to you about the wall of orders that Sam, the director of the FTX exchange, put up, thereby preventing it from breaking above $20.600 if it is removed or simply demolished, I think there will be a strong impulse towards $22.400 there, you can already think of a short position.
Speaking from the technical side, the trend line acts as a resistance zone ($20.600), when it is broken there will be a strong impulse towards $21.700-22.400
Guys, so far these are my thoughts for today, I think I explained it clearly, if anything, ask questions in the comments.
Happy trading and have a great day! Don't forget to monitor your risk management.
Guys, I'm updating the idea for Bitcoin again, because now we are in the middle breakout zone, or again leaving $19,500 and below.
The repeated attempt to break below $19.500 of the bears ended with a rebound, thereby marking a local support level, at the moment we are in the $20.300 zone, pushing up the resistance borders of $20.600
Also, who remembers wrote to you about the wall of orders that Sam, the director of the FTX exchange, put up, thereby preventing it from breaking above $20.600 if it is removed or simply demolished, I think there will be a strong impulse towards $22.400 there, you can already think of a short position.
Speaking from the technical side, the trend line acts as a resistance zone ($20.600), when it is broken there will be a strong impulse towards $21.700-22.400
Guys, so far these are my thoughts for today, I think I explained it clearly, if anything, ask questions in the comments.
Happy trading and have a great day! Don't forget to monitor your risk management.
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