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BTCUSD buy on bounce off 6800 price level

71
Last few days have seen quite an explosive buying surge (~ 10 billion usd) in bitcoin, at this moment it's at a strong resistance level.

I'm expecting a good bounce off the 6800 price level (resistance becomes support) which will be a good test for the bulls.

Wait for the signal on the 6800 support level to buy into the next bull run.
Not
Around 9000 there's resistance, it might drop to previous support before it breaks
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Watch this level around 6800, on a convincing bounce we could see the start of a bull run
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broke passed the area of support, negative sentiment is still strong.
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It broke support, retest of 6600 support line and looking bearish
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We're still in the wedge, could go either way
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6800 is still a key support resistance level and a safe bet to place the buy order. A bit more patience
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.