Bitcoin rebounded modestly from a previous low of 37,582. The rebound was already underway when some rather contrived news crossed the wires. This has been attributed to Elon Musk, who has apparently said he is not ready to sell any of his coins of him Bitcoin, Ethereum or Doge. Well, reading between the lines, maybe Musk is worried enough to make such a statement in the first place? Well, whatever the reason, these comments have helped lift all three coins in recent trading. Bitcoin climbed up to 38,890 on the news. Of course, he's still camped well south of 40k and Musk might need to come up with some stronger rhetoric if he really wants to try and send her up.
We are always below the SMA at 50 (40713) and the SMA at 200 (44962), it is important to maintain the 37000/36000 area. We must try to break the 40000/41000, to have a change of trend.
Channel dedicated to the world of Trading Training and advice on how to operate on the market Info and news cryptocurrency market Trend and Technical Analysis Bitcoin Free buy sell signals. https://youtube.com/channel/UCvDXbStXizGmpSvEChEkXgw
Telegram: https://t.me/Scalping_Planet_SIgnals
As usual, I report the weekly levels to be observed and the levels for intraday trading:
For the interpretation of the levels and the construction of the excel sheet that I always publish, and my trading method, you can consult the book in Italian and English: https://www.amazon.it/dp/B09QRXJCDQ https://www.amazon.com/dp/B09RHH9PVH
To buy only the excel sheets contact me: [email protected]
Log in to Publish0x:
https://www.publish0x.com/?a=oQeZ4DR6bp
Open an account with Kucoin use my code: https://www.kucoin.com/ucenter/signup?rcode=rJEUMUV
Open a Coinbase account to get bonuses 10$
https://www.coinbase.com/join/carote_7
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 OTHER ADVICE.
Graphic: tradingview.com
Posted Using LeoFinance Beta
Congratulations @trade60! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking
Support the HiveBuzz project. Vote for our proposal!