TradingView
Faibik
Jan 10, 2020 3:13 AM

Bitcoin | Resistance Rejected Again..!! 

Bitcoin / U.S. dollarBitstamp

Description

BTC/USD (Update)


In Last Few Days, BTC Did Awesome, First Hit the Bottom 6.4k & Then Bounced back & Hit 8.4k..

3D (3 DAYS) Candle Closed inside the Channel, That Means, 8k Resistance Rejected & We're Still in Downtrend But Bulls Are Holding the 7.8k Support..

If Bulls Failed to Hold the Support Then We Might test 7.2k Support Again..!!


Major Resistance levels : 8600 - 9600 - 10978 - 12340

Major Support Levels : 7800 - 7200


In Daily Chart, Bulls Rejected the ICHIMOKU CLOUD Resistance (8442)




According to Weekly Chart, We're still inside the Bullish Flag & Still i'm Bullish on it (Expecting Breakout)





If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
The information given is never financial advice. Always do your own research.
Comments
Abtin00
Faibik
@Abtin00, Agreed & Thanks for Sharing here
Abtin00
@Faibik, THANK YOU MY FRIEND
Traders_skooll


what do you think?
according to me if we keep getting daily closes above 8k then this idea can get into play
Faibik
@Traders_skooll, Agreed with You
Faibik
Here You Can Share Your Thought/Ideas on Bitcoin ..!!
More