Bitcoin: Trade Opportunities at 10 400$ Support
The price reached 10 400$ support zone and in the 1H chart, we can see how it holds the market. If the price can stay above this zone, it will give a possible buying opportunity. The breakout above the local swing high will give the exact entry point. The buyers will try to reach 11 000$ one more time. If we talk about a possible long trade, it is based on the price reversal from the support. But what if the price breaks it? It will be a strong bearish signal in the direction of the downtrend. The main goals will be 10 000$ support.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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