Bitcoin
Largo
Actualizado

Bitcoin Recovery in progress

4 131
BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.

Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.

RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.

Join our discussion room for more about our trading ideas.


Please share your thougths about it and support my post with your LIKES.

Thanks
Operación activa
Yes up we go, as expected. the buying pressure remain so strong.

imagen
Operación activa
We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.

imagen
Operación activa
Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.

imagen
Operación activa
Price moving as expected.

imagen
Operación activa
Trade is going as expected,

imagen

Exención de responsabilidad

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.