Bitcoin chart review

BTC CHART

BTC and VET Chart Published By Philosof at Tradingview
https://www.tradingview.com/u/Philosof

Comment: Volume raised, F&G index raised, dominance fell. Nice combination of bullish factors, Although final target for that move still stay within 7550 - 7950 range, BTC may retest 7100-7200 zone soon as well, maybe even 6870-6900. In case of second scenario for lower pullback, alts may also fall a little, especially those who pumped most of all. Market is bullish, but overbought, so make sure you are ok with upcoming volatility.
P.S. Redraw trendlines with line chart for a change. Just to show trendlines shouldn't be taken too serious =)

🙏 Stay healthy - stay at home

Resistance: 7550 - 7800 - 8000 - 8550
Support: 7170 - 6900 - 6666 - 6420

Fear & Greed index: 20 (<= 12 <= 12 <= 12 <= 14 <= 14)
BTC Dominance: 64.3% (<= 65.2 <= 65.2 <= 65.2 <= 65.5)
24h Volume: $169 billion (<= 118 <= 109 <= 120 <= 150)

#BTC #Bitcoin

VET CHART

VET likes to follow the King. Nice volume on that impulse, that promise some growth in future. Still I'd recommend to target 49-50 support as a buy zone. Might take a day or two, but should come back there.

Support: 49 - 45 - 42 - 37
Resistance: 57 - 59 - 62 - 65

#VET

🚨 IMPORTANT: LEVERAGE TRADING should be only used to reduce the cost of your position, NOT to make more money. It does NOT matter how much LEVERAGE you use if you follow a RISK MANAGEMENT. Your RISK WILL ALWAYS BE THE EXACT SAME as well as your final PROFIT, No matter the LEVERAGE, No matter the STOP-LOSS!!! Remember you are NOT an HERO if you are RISKING 1BTC to make $100... but you are just dumb.

✅ FTX exchange ✅

Referral LINK:
https://ftx.com/#a=cryptotraders

Low Fees
Tight Spreads
Deep Orderbooks
Up To 101x Leverage
World's First Index Futures
Stablecoin Settlement
MOVE Contracts

You can even trade the Donald Trump Index. Shitcoin Index and so on. 😊 (Ex. When all small-cap coins go up at the same time, you could only trade SHIT coin in FTX and make money).

AVAILABLE ON TRADINGVIEW.