BTC Update
The short positions still holding steady, we still have 8360 as a strong major resistance plus the trend line never been broken. We also have a key level of resistance at 8100, which price keep bouncing from a lot, same for support at 7450. Overall, we have two situations either we break the trend line and 8300 area and be bullish or we stay as is and see some downside movements. In my opinion, a downside move is more likely to occur unless I see bulls controlling the market again and breaking that major resistance.
Nota
I was expecting it to go for corrections, but it broke everything now, so I will be thinking on buying in a good pullback area, cause I see it heading towards 10000 area after what’s happening. Breaking 8360 was my main key factor to buy.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.