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Trading_Cipher
Jun 21, 2021 2:03 AM

Don't long Bitcoin into resistance 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

Just couple of days back we were looking to long Bitcoin at around 35.5K to 36K range, it has clearly broken the support and fell below to 33.5K and quickly got bought up, but now it's rejected by the support turned resistance at the moment, so I wouldn't suggest to long here. Only good thing is, there is RSI and OBV bull diversion on 4hr chart (Not on CCI), I would suggest we wait for one more day to see if it breaks above resistance range, or hover around 34.5K to 35.5K range means not sellers are stepping in.
Happy trading!
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