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Mar 16, 2024 9:28 PM

BTC $65000 Doesn't Hold Then $63000 Long

Bitcoin / TetherUSBinance

Description

BTC in the daily $63000 is the major level where it can go easily without change in trend
in short tf
Keep two order on these levels .
stop loss closing below $62500 level.
Buy and Ride

Comment

$65000 level bounced.
But dont excited and keep an order open on $63000
Buy an ride

Comment

$65000 Level still Holding. another run from here?

Comment

$63000 Hit
Stoploss $61300 or 4hr 200MA
Lets See It respect 4hr 200MA/63k Level or not.

Comment

4hr MA holding quite well.
if it holds here we can see another 68k test. We are trading on weekly tf resistance .
be cautious
Comments
MyCryptoParadise_Simon
Identifying $63,000 as a significant level where BTC could move easily without a trend change is interesting
TrendingMoves
@MyCryptoParadise_Simon, yeah where you can put your order without thinking twice. BUT if it also dont hold. then again new levels and BTC Has a problem. we need to wait and watch for holding different levels below 63
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