TradingView
raamraj
Jul 31, 2021 8:31 PM

⚠️ Staying Above 41k is Crucial ⚠️ 

Bitcoin / United States DollarCoinbase

Description

Like to see price to find support at 41k for the next 2 days to show us this level is super resilient for more upside. Will be adding more coins definitely coming Monday in it plays out this way. Such uptick can become very impulsive, so be prepared.

On the flip side, I am also seeing the Bearish Divergence forming on the MACD. This can suggest that the buys that came in the past 24 hrs may not be significant to hold off the bears for long. If the price drops, then I will be preparing to add at a lower level stated in the chart. Let's see which way it takes after 2 days.
More