BTC Daily Technical Analysis: Resistance Key Level to Watch / Longs are Opening Positions with all Kinds of Leverages!!!


The weekend is loaded with long positions with high leverages given the liquidations close to the price, in my opinion it will soon go south, but it will all depend on the Weekly open on the DXY and the S&P 500 in futures!

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Will we get rejection after filling the empty gap and then testing the trend line as resistance in confluence with the 50% fib?
https://www.tradingview.com/x/odFHodZQ/ 

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For the past few days we have had more and more BTC arriving on the exchanges, and in most cases to be sold and take profits, a reason for Long Squeeze in the south!

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FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

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