BTC got stuck in TRADING RANGE ZONE
Greeting from IRAN to whole trading community 💙✔
BITCOIN started an uptrend since early 2021 , and managed to achieve new ATH in 14th April
But after that we witness a massive SELL-OFF in BITCOIN which affected whole market
Uptrend has broken and price dropped under 50K
Bitcoin dominant dropped under 50% as well that was the lowest spot since 2018
After that BULLS came back to the market and rose the price above its major resistance/support level 52K
At the moment price got stuck in a trading range zone (Yellow rectangle)
Breakout in each side (TOP or BOTTOM) could make us a great opportunity to long or short
Price lower than 52K ==> Short
Price upper than 58K ==> Long
Let see whats happen next , What's your opinion about BTC next movement BEARISH or BULLISH?
KEEP IT SIMPLE :)
BITCOIN started an uptrend since early 2021 , and managed to achieve new ATH in 14th April
But after that we witness a massive SELL-OFF in BITCOIN which affected whole market
Uptrend has broken and price dropped under 50K
Bitcoin dominant dropped under 50% as well that was the lowest spot since 2018
After that BULLS came back to the market and rose the price above its major resistance/support level 52K
At the moment price got stuck in a trading range zone (Yellow rectangle)
Breakout in each side (TOP or BOTTOM) could make us a great opportunity to long or short
Price lower than 52K ==> Short
Price upper than 58K ==> Long
Let see whats happen next , What's your opinion about BTC next movement BEARISH or BULLISH?
KEEP IT SIMPLE :)
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.