R.AceAceAce #Bitcoin #BTCUSD #XBTUSD Long Bulls? $36,500 or dump
I believe the Bitcoin price has reached a critical support for the bulls.
Support area: $30,000 - $29,450
Failure to hold this support will, in my opinion result in a lower local low.
However, as the price is currently holding support, I believe that for as long as it holds, it will head toward resistance at $36500 and then potentially $38,800
This is an update based on recent price action.
I am currently long, and I accept the risk that comes with my decision.
Please do your own t.a, responsibly manage your risk, and stay safe.
Thanks for hitting the like button! - especially if you appreciate the value I am providing for the community.
Wish you a very happy and wealthy new year!
Support area: $30,000 - $29,450
Failure to hold this support will, in my opinion result in a lower local low.
However, as the price is currently holding support, I believe that for as long as it holds, it will head toward resistance at $36500 and then potentially $38,800
This is an update based on recent price action.
I am currently long, and I accept the risk that comes with my decision.
Please do your own t.a, responsibly manage your risk, and stay safe.
Thanks for hitting the like button! - especially if you appreciate the value I am providing for the community.
Wish you a very happy and wealthy new year!
Trade geschlossen: Ziel wurde erreicht:
Ace wins again. MASSIVE WIN!!!!!!!!!!!!!!
Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
