BTCUSD - Support at Weekly Trend Line, Possible Long Opportunity
As you can see a long term upward trend line has been touched by Bitcoin and price action has had a good reaction.
I would expect a bounce here, the risk reward for a long up to the next significant weekly is good.
Trade carefully, Bitcoin is volatile and unpredictable & heavily manipulated by exchanges and whales who can eat your stop for fun.
I would expect a bounce here, the risk reward for a long up to the next significant weekly is good.
Trade carefully, Bitcoin is volatile and unpredictable & heavily manipulated by exchanges and whales who can eat your stop for fun.