Bitcoin pumped once more, massive buy volumes are seen in the market and we just passed one key resistance.
Is this a fake-out? Wait and see. That higher resistance you see on the chart might keep the price down, if it causes a correction down to our support then it was a fake-out, if the price passes that resistance and closes a 4H or 1D candle above that area then we can have ourselves another successful breakout!
Two solid and strong support areas are shown on the chart and two resistance areas (one is broken already)
Buy volumes are STRONG!
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $52845
Good Luck
Tell me your ideas. Like and Share
Is this a fake-out? Wait and see. That higher resistance you see on the chart might keep the price down, if it causes a correction down to our support then it was a fake-out, if the price passes that resistance and closes a 4H or 1D candle above that area then we can have ourselves another successful breakout!
Two solid and strong support areas are shown on the chart and two resistance areas (one is broken already)
Buy volumes are STRONG!
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $52845
Good Luck
Tell me your ideas. Like and Share
