TradingView
DK_Investment
Mar 16, 2021 8:12 AM

Bitcoin down to 52K $ buy area Long

Bitcoin / DollarBitfinex

Description

Dear investors and followers,

welcome to today's Bitcoin market update!

Bitcoin price is into short term correction as expected. Next down wave starts after hitting 56150 $ resistance and confirming the trend line as resistance.

The RSI indicator going into possible bullish divergence on the one hour chart. RSI Need a third confirmation before the market starts the next up wave.

Looking for a buy between 52.000 - 52500 $.

Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!

Comment

BTC is on track. Final target near 38K$

Trade closed: target reached

More