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 March 9, 2022

fun BTC rollercoaster of liquidity

fun BTC rollercoaster of liquidity BTCUSD Perpetual Contract BYBIT:BTCUSD coin710 Bar pattern playout of BTC successfully hitting all of the potential liquidations points of the long traders as well as the short traders. Dont get […]

Trading View June 3, 2022

32800 then down to test 30K ?

32800 then down to test 30K ? Bitcoin / U.S. dollar BITSTAMP:BTCUSD dejc123 hey hey entry: alts on 10x risk:10% capital sl:3% NFP is out, now it should slowly claim the 29666 as S, then […]

Trading View May 16, 2022

BTC Sell the top of the corrective channel.

BTC Sell the top of the corrective channel. Bitcoin / U.S. dollar BITSTAMP:BTCUSD Signal_Centre1 Bitcoin – Intraday – We look to Sell at 31787 (stop at 32651) Trading within a Corrective Channel formation. Prices expected […]