Torkaman

Bitcoin update/green or red trend lines ?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi my friends
Look at the chart and find your best entry or exit point.
Bullish signals:
1- Fibo 0.5 (3972.56 to 3156.26 price level)held the Bitcoin.(normal correction)
2-At the Weekly time frame ,green crossed the red and above the 20(Stock RSI)
3-Bitcoin ranged inside the ascending triangle.
Bearish signals:
1- Volume is not enough to reverse the market.
2- We are below the fibo 0.236(6615.15 to 3156.26 price level)
3- Monthly 50( Bitstamp compare to Binance) strong resistance level.
the best entry point is above the Monthly EMA50 or fibo 0.236 level.
please like and follow for support.
educational purpose.
A.Torkaman


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