Golden-Fund-Forex

Bitcoin Analysis H1 7/12/2023

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
-The primary structure of BITCOIN is bullish.

-A good buying support zone is 41414-42147. Look for buying signals if selling pressure is not too strong, and there are signs of rejection.

-If the H1 closes a candle below 41135, the main trend is likely to be bearish, and the focus should be on short selling opportunities.
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.