BTC/USD : Breakout on LTF !
BTCUSDHello everyone 😃
BTC had a breakout from bearish trendline, And now there is a retest on it.
On last candles, BTC tried to reject trendline and get back below it.
But current support zone looks promising and there is a coming bullish trend line from which is formed yesterday.
Also BTC broke MA 200 below resistance zone (current support zone) and now it can be a good support for movement.
📚 Based on -Trend analysis- overall is bullish !
📌 There is no bullish signs on indicators yet; So take care of your positions !!
🔴 Below support zone and bullish trendline will change the direction and it can cause another correction in mid-term for BTC...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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Instagram ( Persian - فارسی ) :
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