Bitcoin Chart Review and Update #50 ?

in #bitcoin5 years ago (edited)

BTC CHART

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BTC CHART Published by Philosof at #Tradingview https://www.tradingview.com/u/WiseAnalyze/

Bitcoin chart review

Comment: Bitcoin didn't get to 9970 resistance yet. But still above 9444 and ~9250 support. As you can see, the uptrend is not broken yet, but after that massive bull trap we may expect anything. If price drop below mentioned above support levels, wait for it at 8900-8700. I also have long orders at 7700 and 8000 (but not shorting the uptrend, while it exists, as too risky).

Resistance: 9750 - 9970 - 10100 - 10240
Support: 9444 - 9222 - 8900 - 8700 - 8500

Fear & Greed index: 54 (<= 48 <= 56 <= 50)
BTC Dominance: 64.7% (<= 65 <= 65.5 <= 65.2)
24h Volume: $85 billion (<= 116 <= 125 <= 102)

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