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Bitcoin - If This Level Goes, It Changes Everything

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The Bitcoin daily chart just tapped trend line support:

BTC/USD Daily

BB005B73-31E4-4FCB-8684-223F41B05FFE.png

The trend line that the market is clinging to so we can say that the overall trend is still bullish.

If this level goes, it changes everything.

Now, take a look at the intraday price action on the bounce:

BTC/USD Hourly

38730C98-A10F-4EE5-B1BB-C327BA5E752F.png

Price is bouncing and that is the intraday level that price would retest and need to hold for us to think about getting long yet.

Best of probabilities to you.

Peace ✌🏻.




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Bitcoin - If This Level Goes, It Changes Everything was published on and last updated on 30 Mar 2018.