InstitutionalTrader

BTC - Daily charts !

POLONIEX:BTCUSDT   Bitcoin / Tether USD
So we are still bearish and it looks like we're going to test top resistence once again and if we dont break we are heading down to support line at 11.6k
Comment:
It seems like it couldnt break resistence so it just bounced off and going towards support line lets see what happens there. Support is at 11.600 if it doesnt hold we might see btc at 10.800 within couple of hours. Stay tunned.
Comment:
okay, so we broke down the first support levela and now heading down to the next one; 10.800 seems like strong support level. Either you long there or you wait a bit more to see if we cna reach 10.300 till the end of the day!
Comment:
It looks like our 11.9 support holds well, lets see for another few hours how it hold if it doesnt break resistance i dont think it will hold support line for another run, most likely we will see 10.500-10.400 at the end of the day! Be ready to long !
Comment:
Its fighting support line at 11.700 if we break out consider long on btc !

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.