2021-02-10 12:04:01
#Traveling_Trader
#BTC_Update
2021 is the year of crypto!
Bitcoin looks very, very good. I don't think too many people are selling after the richest man in the world just dropped a Billion on Bitcoin. Short-term we could see a little sideways, if we dip into 43-44k, this is opportunity, just like yesterday. Look to continue upwards out of this range, soon.
Ranges:
60k....Incoming
55k... If we get here look for a little rejection.
51.5k..... Next BIG resistance area. Look for a rejection here first. If we close a 4hr over this look for more.
48k.... found some resistance here...4hr close over this and we test the big 50.
45.5k....Current support...
43.8k..... 4hr close below this and more down.
43k......
40.5k..... Last hope of green dildos.
Don't long resistance and do not short on support. Use this to help you with that. Before you enter a position, ask yourself, is this support or resistance?
When people are fearful, be greedy. Happy trading!
https://www.tradingview.com/x/55VWt76l/
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