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PolarHusk
Jul 23, 2021 5:28 PM

BTC/USD (29k Last Area of Support?) 

Bitcoin / U.S. dollarBitstamp

Description

💎Technical Analysis Summary💎


BTC/USD

-Bitcoin is saved by the last area of support and 200 Moving Average on 2D TF
-If BTC will continue to move higher in the coming days
-I expect a retest of the 20 Moving Average in this 2D time frame
-This short-term 20MA may act as resistance again as seen in the past
-The Bulls and Bears are differently in a tug of war until the last one surrenders
-The market trading range is getting tighter and tighter each day
-We will soon see breakout direction either up or down
-So please always be prepared and manage your position size correctly
-Good luck and stay safe everyone!



⚠️Please always read the description⚠️

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Comments
Gold_Rush
Up we go...
World_Open_Forex
Wow!
Mihai_Iacob
Wonderful job!Thanks
Signal_Forex
Good setup
MonoCoinSignal
Great analysis here🔥✌🏻
UnknownUnicorn4127247
I have the same view, thanks for sharing💪
ProjectSyndicate
always spot on sharp technicals
caldooninvestment
Excellent setup here!
goldentr33
Looks right, posted this myself to showcase key levels of support.
Helical_Trades
Great analysis, thanks for sharing 😊
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