BTC/USD (Bullish Rejection @ 1H TF 50ma Dynamic Support)

21 พ.ย. 2020

💎Technical Analysis Summary💎


BITSTAMP: BTCUSD


-The Bulls defended the 50ma on the 1hr time frame
-We saw the price rejecting the dynamic support area
-This zone is also a confluence of previous resistance
-If we want the market to continue its strong uptrend
-It must go back above the 0.5 Fib level area
-And retest the recent top at 18.9k dollars
-A 2nd retest may give the Bulls a chance to break the 19k dollars resistance
-And hopefully hit the All-Time High record last 2017
-Please do not FOMO and always plan your trade before execution



A big Thanks for donating 💰 via Tradingview coins this week to CryptoConsultingServices 🙏🎉

``````````````````````````````````````````````
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!😊💕💖
``````````````````````````````````````````````