Bitcoin and the endless game of magical $ 10K price area
Hello friends let's take a look at my technical analysis and its findings:
RSI has stabilized again after impulsive movements and we are in a neutral business zone
The bulls have temporary support in the $ 9,500 area from which it is still reflected, if we lose it will be a test for $ 9,000
Strong resistance still remains at $ 10,000
High probability that BTC will move in the direction + - $ 500 the following days
Trading tips:
Most traders are convinced that BTC will go up in the medium to long term, so I would continue with a similar strategy as in the previous analysis
Average LONG orders – 1. around 9500$ , 2. 9000$, last 3. 8400$ SL 5% set only here
SHORT orders around 10 000$ with SL 5%
RSI has stabilized again after impulsive movements and we are in a neutral business zone
The bulls have temporary support in the $ 9,500 area from which it is still reflected, if we lose it will be a test for $ 9,000
Strong resistance still remains at $ 10,000
High probability that BTC will move in the direction + - $ 500 the following days
Trading tips:
Most traders are convinced that BTC will go up in the medium to long term, so I would continue with a similar strategy as in the previous analysis
Average LONG orders – 1. around 9500$ , 2. 9000$, last 3. 8400$ SL 5% set only here
SHORT orders around 10 000$ with SL 5%
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