Bitcoin has been surprising everyone with it's extreme bullishness, in this video I have marked clear resistance zones which have been broken and should act as support. Moreover, as we approach the much awaited 10k level, managing your risk on your long trades will be extremely important:
New untested support zone- 9442$
Invalidation level- 9282$
We been struggling between $6500- $6800 for quite some time
- Major resistance between $67-6800
- We are still within the triangle
- Be in fiat
- Resistance at $230
- Major support at $220
- Brreakdown of triangle in 4 hr
- Vol is decreasing
Hope this idea helps!
Don’t forget to Like/Follow if you enjoyed this post :)
Hey guys, hope you're having a restful weekend! We are loving this trade right now. Congratulations to everyone who went long with us when we got the long alert from the Martin Trend Line Candles indicator. If you're having a hard time making profits trading BTC I would highly encourage...