PolarHusk

BTC/USD (Holding Weekly Support?)

BITSTAMP:BTCUSD   Bitcoin
💎Technical Analysis Summary💎



BTC/USD


-As the price entered the weekly support zone
-The Bulls bought the dip and they are still holding the game
-This is still too early to celebrate again
-Because every attempt to move up the price keeps rejected
-Now, we can see a potential strong trendline resistance
-As the price start climbing, the 50D MA also approaches the price
-This may act as a resistance area around 36k dollars and above
-The market is getting more choppy each and every day
-So please be cautious and always follow your trading plan
-If this situation is hard for you to adopt
-Please stay away for a while, observe and study more
-Trade responsibly and stay safe everyone!




⚠️Please always read the description⚠️

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Not Financial Advice 💸
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