DanilBlinkov

BTCUSDT | Bounce again, when will it end?

Long
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅

Bitcoin again got a rebound from the $16,750-16,500 resistance zone, I want to believe that this was the last rebound and there will be a breakdown of the $17,000 level soon

In his past, TA spoke about the downward movement at the beginning of the new week to the $16,200 zone

It is also worth paying attention to $16,130 marked with a gray line, a local support level is being formed, there is a buyer’s reaction from there, which is a good sign that we may not see below LOW $15,450 in the near future (well, this is not accurate).

By the way, I fixed my position and re-entered again, in case of leaving below $16,000 I will gain a position.

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.