huzaifa268

BTC USD IDEA

Short
BITFINEX:BTCUSD   Bitcoin
We are at high resistance zone... Breakout above green area and trendline could send btc to 12800 level....but this scenario would require unusual change in market sentiments and alot of effort from bull... buyers are looking ehausted and sustainable breakout above trendline and ema 1200 which is very high resistance would be worth focusing.....it would not be easy for bulls but this market is unpredictable and trader must be prepared for any scenario.....on the downside 4800 to 5100 level would be on cards,.....if we manage to break below 7200 usd level...
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.