BTC/USD (Bounce at Trendline Support)

💎Technical Analysis Summary💎



BTC/USD

-Bitcoin found support at the trendline area again in the confluence of 50D MA
-The price is currently experiencing minor rejection at the 59k resistance area
-But that is fine as long as the upward trendline support holds
-I am expecting a breakout within 1-3 days
-If I'm bullish, I want to see BTC clear the 60k region and hold
-This will give us a strong probability to go higher to a new all-time high
-But if you are looking for bearish entries, a break below 50D MA
-plus a bearish retest would be perfect for short entries and target the 45k zone
-Next week price action is very crucial in the midterm movement
-So please make sure you have a trading plan ready if BTC goes south or north
-Have a nice weekend everyone! Keep safe!




⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins bitcoinpam 🙏🎉


``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````