R.ACEACEACE #Bitcoin #BTCUSD #XBTUSD $44.5-$49,900 BULLSSS
I believe the price action has become bullish. I had called for a retest of 37k in my previous idea and that had already happened and the price has not yet in my opinion provided a significant rejection
I believe that if the price moves above the daily high of $38239, it will likely continue to a new yearly high.
I was previously bearish but the bulls did a good job of defending the price from further downside and put in an impressive daily candle with a retest of 37k.
I already am in a long trade but I always accept complete loss before taking any entry.
Support: $29150
Resistance: $38249, $44500, $49,900
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I believe that if the price moves above the daily high of $38239, it will likely continue to a new yearly high.
I was previously bearish but the bulls did a good job of defending the price from further downside and put in an impressive daily candle with a retest of 37k.
I already am in a long trade but I always accept complete loss before taking any entry.
Support: $29150
Resistance: $38249, $44500, $49,900
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Send me a message for a special offer! Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
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