BITCOIN has been trending downward (BEARISH) for sometime in search of a significant and key support area.
Price is currently approaching a strong support area and the psychological key level of $29,500 and $30,000, These areas have been previously tested by the price and proved strong by pushing price movement upward (BULLISH).
We currently drew a trendline to back up our analysis, in which we are anticipating a third touch for a push upward
WE REACT TO WHAT WE SEE
WATCH OUT
1. Bullish candlestick on the support area and the psychological key level of $29,500 and $30,000
2. Third touch on the trendline below
3. Market behavior
Kindly comment like and share🙏
Price is currently approaching a strong support area and the psychological key level of $29,500 and $30,000, These areas have been previously tested by the price and proved strong by pushing price movement upward (BULLISH).
We currently drew a trendline to back up our analysis, in which we are anticipating a third touch for a push upward
WE REACT TO WHAT WE SEE
WATCH OUT
1. Bullish candlestick on the support area and the psychological key level of $29,500 and $30,000
2. Third touch on the trendline below
3. Market behavior
Kindly comment like and share🙏