Previously we had set ups on BTC to push to 47500. This was achieved, since then BTC has been on a continuous bull trend. Our new entries are at 52065, aiming for 59000 which is the next resistance level. When it comes to BTC there are too many novices posting random ideas, not to say that they are wrong but BTC is just like any other chart. We are in BUYS with a short stop loss and a RR of 1:4.
In the daily chart we can clearly seen an uptrend. We broke a previous resistance zone at 47582 and that became the new support. Price found a new zone around the entry price and we are looking for a break of this small zone which has been consolidating for a few days. Initially we want to see this paid touch 59K by now and next week.
In the daily chart we can clearly seen an uptrend. We broke a previous resistance zone at 47582 and that became the new support. Price found a new zone around the entry price and we are looking for a break of this small zone which has been consolidating for a few days. Initially we want to see this paid touch 59K by now and next week.
Comment:
BTC has risen to 53500, making it a new high being formed.