Hello, dear TradingView members.
This is a Bitcoin idea.
Here is what we said on the last Bitcoin idea:
As you can see, the price hit the resistance level, and the big "short" happened.
The price has left the uptrend channel and fallen on the local support; now, we should wait until this dump stops and decide what channel Bitcoin will stick to.
The support levels will push the price up for now but don't forget that the actual solid support level is around the 13K area.
When will the price go to the 13K area if the dump ends this weekend? Well, we might have to wait for the price to get rejected by the lower band of the channel or the solid resistance level.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This is a Bitcoin idea.
Here is what we said on the last Bitcoin idea:
As you can see, the price hit the resistance level, and the big "short" happened.
The price has left the uptrend channel and fallen on the local support; now, we should wait until this dump stops and decide what channel Bitcoin will stick to.
The support levels will push the price up for now but don't forget that the actual solid support level is around the 13K area.
When will the price go to the 13K area if the dump ends this weekend? Well, we might have to wait for the price to get rejected by the lower band of the channel or the solid resistance level.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
