BitcoinLong
Bitcoin has tested a previous resistance as support
Bitcoin has tested a previous resistance line as support here at 97,000 USD.
This has occured at the same time as a short term diagonal support. so things are looking favourable for now. Short term SMAX is sitting nicely at >50, so a good time to add to your SMAX position.
Marco: Mcro remains positive with the post trump confidence, interest rates over their peak with weak data suggesting they will need to continue downward.
Cycle: We are late into the bull cycle with the second half pump on its way, best to maintain position long to ensure we capture it.
Levels: as above, we have confirmed a small previous resistance line as support and with short term smax looing favourable >50%.
Momentum: we are still in a short term bearish momentum, within a overall marco long momentum, I don't expect the short term bearishness to continue much longer.
Currently 5 profitable trades, 0 losses, Follow me on YouTube and X for the history of my trades.
Join me to learn about the SMAX trading approach!
This has occured at the same time as a short term diagonal support. so things are looking favourable for now. Short term SMAX is sitting nicely at >50, so a good time to add to your SMAX position.
Marco: Mcro remains positive with the post trump confidence, interest rates over their peak with weak data suggesting they will need to continue downward.
Cycle: We are late into the bull cycle with the second half pump on its way, best to maintain position long to ensure we capture it.
Levels: as above, we have confirmed a small previous resistance line as support and with short term smax looing favourable >50%.
Momentum: we are still in a short term bearish momentum, within a overall marco long momentum, I don't expect the short term bearishness to continue much longer.
Currently 5 profitable trades, 0 losses, Follow me on YouTube and X for the history of my trades.
Join me to learn about the SMAX trading approach!
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.