BITCOIN SCALP BUY NOW! for CME:BTC1! by DrBear

trendanalysis btc bitcoin gold bitcoinbuy crypto xauusd eurusd gbpusd containsimage

Hi Team

Analysis to follow in comments - Scalp buy for Bitcoin right now, don't want you to miss it!

Good Luck, Trade safe

DrBear

Comment:

HI Team

Analysis is as follows:

Overview:

Bitcoin is in a falling trend channel in the medium long term. This shows that investors over time have sold at lower prices to get out of the currency, and indicates negative development. We have seen positive rectangle formation by a break up through the resistance at 22824. A further rise to 26174 or more is signalled in the medium term.

Daily liquidity is average, and volatility today is below 4%. Now we are seeing rejection of local 1H support, I expect a buy scalp opportunity to at least local highs.

Thanks!

DrBear

Trade active

Disclaimer

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.