BTCUSD Technical Chart Update:
BTCUSD Current Price is $8700+
finally Halving is completed so this is very Good For Long term Bitcoin Investor.
Soon I will update for Long term All Time High chart of Bitcoin.
What TA says.?
according to TA I already told you to exit at $9840 and also think still bearish.
but we can see one spike before Dump.
So according to TA I am Bearish but short term spike posible till $9371.
Support: According to TA we can see 200MA is working very good Support and yesterday two Time strong bounce from 200MA.
so this is good support and keep in mind if this break down then we can see $7450 also.
and also Long trend line also working good.
yellow trend line.
so keep in mind this two support is very Important. ( Yellowfins line And 200 MA.)
Resistance: There are two resistance is good.
first resistance is $9031 and 2nd Resistance is $9371.
What do now..?
if you followed my last analysis I told you exit point and still waiting for good entry point.
but now 10-14 days we can see in $8300-$9300 Range.
so you can trade scalping in this range short time.
So I am waiting for best entry.
if BTC break down $8350 then I can see big drop.
Stop Loss..?
Why I recommended all time use stop loss?
because your Fund is your hard earned money so keep it safe.
never gambling and never trade blindly .
open any trade after confirmation even long or short.
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