BTC BUYER COMES! Highly possible scenario with $50k breakout!
After breakout the trend line on the way to new local highs, we should break through a serious resistance zone of $45400-52000.
We are now making a retest of the trend line, which we have been consolidating for more than a month.There is a very high probability that we will hold that level and we will be able to open good positions.
Also, the important level for the price is $50,000, as most traders pay attention to that psychological level. This is also indicated by the large volumes that have come in quite recently.
Now we will watch the price movement and wait for good entry points.
Write in the comments all your questions and the instruments you want to see analyzed.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
We are now making a retest of the trend line, which we have been consolidating for more than a month.There is a very high probability that we will hold that level and we will be able to open good positions.
Also, the important level for the price is $50,000, as most traders pay attention to that psychological level. This is also indicated by the large volumes that have come in quite recently.
Now we will watch the price movement and wait for good entry points.
Write in the comments all your questions and the instruments you want to see analyzed.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.