CryptoAman

R.ACEACEACE #BITCOIN #BTCUSD #XBTUSD $32,380 BOUNCE TO $44,500

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe that if the price does dip lower, $32,380 is a support area with potential to reverse the price and send it upward to $44,500.

As you know, I primarily trade the lower timeframes. I go with the direction the market gives me. I am currently not in a trade and I am waiting for a better opportunity.
I also do not think it is intelligent to short at the current price.

If price fails to reach $32,380, or fails to create support and bounce at $32,380 (on the 6 hour chart), this analysis will become invalidated.

Please do your own analysis, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!
Order cancelled: BTC appearing bearish. Closing all position
My technical analysis is lit. Self-made and self-taught. They don't make 'em like me. Beyond T.A. for life. Follow me on Twitter.

Comments

So, It will never bearish to 20k anymore?
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amazing setup and overall great. Thank you for the updates!
Reply
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