Bitcoin- New leg up after touching support? Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Apr 30, 2021 3:14 AM

As expected, Bitcoin corrected the strong leg up that started last Sunday and confirmed 51-52k as support.
A new leg up can follow this confirmation and bulls can have 60k as a target.

However, a new dive under 50k would spell disaster for bitcoin holders and would confirm a medium-term downtrend

Comments

mohdmeftah

⋅ May 1, 2021 1:44 AM

Perfect

Mihai_Iacob

⋅ May 1, 2021 3:45 AM

@mohdmeftah, thanks for comm

watchtrend

⋅ May 1, 2021 4:28 PM

@OptimoomFX, Nice idea - nice TA depending our side we expect a possible short term bitcoin trend see the chart for more trend explain

StevesTradingV

⋅ Apr 30, 2021 7:32 PM

I like this idea very much, let's get it, mate ;)

Mihai_Iacob

⋅ May 1, 2021 3:45 AM

@StevesTradingV, thanks for comm

jojofang0901

⋅ Apr 30, 2021 1:39 PM

playing out as expected :) thx

Mihai_Iacob

⋅ Apr 30, 2021 2:23 PM

@jojofang0901, thsnks for comm

Henry_Ross

⋅ Apr 30, 2021 7:24 AM

Perfect analysis, well done mate ^_^

Mihai_Iacob

⋅ Apr 30, 2021 8:47 AM

@Henry_Ross, thanks

steban

⋅ Apr 30, 2021 3:32 AM

who is going to buy at 59k? volume and funding rate are gone.