Currently trading between 44000 and 45000 has marked good buying strength in recent weeks as we have moved up from lows of 30,000 and below. We are now above these levels, the last 41297 which has not been retested. What can we expect now? If bitcoin breaks the trendline drawn on the chart it is likely that we will go to a new test of 41297 before a major move to 50,000 and beyond. Such a configuration would not only eliminate liquidity, but could give bitcoin enough strength to even exceed 50,000. The Fear and Greed index stands at 73 and BTC dominance at 42.71.
As usual, I leave you the levels for intraday trading
of BTC and BNB. Happy trading everyone.
Chart from tradingview.com
Log in to Publish0x:
https://www.publish0x.com/?a=oQeZ4DR6bp
Register an account on Binance to get a 5% discount on commissions forever and other advantages that you will discover by contacting me [email protected] Enter Binance ID and I will log you into a dedicated telegram channel. https://www.binance.com/it/register?ref=NG0GOL6H
Follow me on Telegram for more details during the day, it's free and not just crypto, test my signals https://t.me/joinchat/_J8vQO5jNPBlYTg0
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
Contact me if you want: [email protected]
Thanks for reading
