Trading_Cipher

BTC daily review: No follow up buys on Bitcoin

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
**Welcome to daily Bitcoin review**

So no follow up buys after big $btc green candle, maybe bulls waiting for some retracement

I have always seen these sudden news based pumps die down but let's see how it works out in next couple of days.

Btc is clearly under resistance, so no need to celebrate anything yet

For me bullish scenario is flip $33.2K resistance and $btc goes to $40K

RSI is still under resistance and below 50 area

We can still buy the retracement towards $30-31K area with SL below the $29.3K level
and add to our position when it goes above $33.2K area

I will be ready, happy trading!

#Bitcoin #Crypto
BTCUSD

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.