BTCUSDT 1D | Bitcoin market overview: Attack on resistance
Hello, dear subscribers!
In the previous report we have looked at the current up trend, we have marked the current support and resistance areas.
The current bitcoin price is $11,860. At the moment the buyers are attacking the resistance zone $11,800 - $12,000. If the resistance zone is successfully overcome, the next bull's target will be the zone $12,300 - $12,500. In this review we consider the daily chart, fixing the price above the current resistance zone will be relevant at the close of the day. This approach will allow to filter out false shots of the price up or down.
Subscribe to the channel and stay with us!
In the previous report we have looked at the current up trend, we have marked the current support and resistance areas.
The current bitcoin price is $11,860. At the moment the buyers are attacking the resistance zone $11,800 - $12,000. If the resistance zone is successfully overcome, the next bull's target will be the zone $12,300 - $12,500. In this review we consider the daily chart, fixing the price above the current resistance zone will be relevant at the close of the day. This approach will allow to filter out false shots of the price up or down.
Subscribe to the channel and stay with us!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.