Trade of the Day Bitcoin

Bitcoin is testing the strong support 

 

Bitcoin is testing new strong support 45000. If this support doesn’t hold look for a larger pullback into 42000. Bounce here is required for the upside continuation and a test of the next resistance 51500. It is advisable to wait for another daily bullish candle for the buying trades.

Note: you can build a buying position in this 42000-45000 support zone.

 

Bitcoin price action strategy

 

 

 

 

 

If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.

COPY TRADING MADE EASY

Take a break from your trading routine and let some funds be run by us! Copy our trades!

 

Scroll to Top
×