lupolanco

BTC/USD Coinbase (Trend/Levels)

COINBASE:BTCUSD   Bitcoin
Bouncing on key levels shown by rectangles. If if break each level up or down it'll follow the trend of its direction. It feels like we're going back to aprox. 38.6k. If we go below those levels we might test approx. 35.4k. If we trend up, the level we have most difficulty with is approx. 42k. When we surge pass 42k we can start testing higher levels of approx. 45.9k. In hind sight I still feel we are on the down trend maybe bounce back through the morning reach 42k levels if downward momentum has less pressure. Not financial advice. DYOR. Leave a comment.

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.