pangreen12

BTC idea for today 05.08.2022

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC as planned yesterday went a bit down and then bounce. 150 dolars higher than expected but as i was saying before that from this area we can see 28k in couple of days, probably will happen. For now:
we have hidden bearish divergence on 1h chart means we can touch base line for more up movement, maybe there is good spot to reenter long. 23700 looks like hard resistance will high volume soo then price will go in consolidation or in low correction.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.