Bitduke

Bitcoin - Testing $9600 resistance again

BITMEX:XBTUSD.P   Bitcoin
Currently at resistance, not the best place for long, especially after such a drop, could be just a pullback.

Overall I'm still bullish, waiting for a good setup. $9350 still looks like a good area for longs or above $9700.

If you a cocky bear $9600 looks like a good place to short, but if you are a more cautious bear - then I would short any wick to $9800 zone.

Hit the "LIKE" button and follow to support, thank you.

Information is just for educational purposes, never financial advice. Always do your own research.

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.