BTCUSD- Moving down hill

Bitcoin / Dollar BITFINEX:BTCUSD

jimmycdn

Hello Traders,
There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line – breaking trough the TL will be the signal to open long position. Vertical line indicates change direction of the momentum.
Cheers,
Jim

You might be interested in …

Trading View April 1, 2022

ADA trading setup idea! 💡

ADA trading setup idea! 💡 Cardano / TetherUS BINANCE:ADAUSDT thebestwolftrader ADA trading setup idea! 💡 Enter the trade by checking yourself. 💥 Do not put more than 2% of your capital at risk! ❌

Trading View May 10, 2022

Why we are finally happy to go long Bitcoin around here. LOGIC!

Why we are finally happy to go long Bitcoin around here. LOGIC! BTC/USD COINBASE:BTCUSD Paul_Varcoe If you check out what me and my partner @Mayfair_Ventures have been saying for MONTHS, you will see that yesterday […]

Trading View April 26, 2022

IOTA- another bear flag or reversal?!

IOTA- another bear flag or reversal?! IOTA / TetherUS BINANCE:IOTAUSDT mignaly Hello everyone As we have seen a red bar on almost all of the assets yesterday, the candle left a big scar on the […]