dr.ehabaziz

BTC Bullish with significant line for support

Long
dr.ehabaziz Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Just wanted to highlight this RED line that has maintained support for the last 4 month
The Green line was the previous bullish channel we broke out up from previously


Reversal signs with Candlestick patterns and indicators should confirm a continuation of the current trend

The line is significant for all the crypto market not only for BTC

Note the last 2 circles on the right side were trials of reversal with no success


If breaks, It might be 2000 Mark support
The red dotted line is significant as it is round number
Provided support in the past
lies at Fibonnacci level of previous price movement

trade according to your taste
best of luck everyone

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.