BITCOIN UPDATE

2020年5月19日

as expected, price rejected our round number 10.00 and resistance/supply zone in blue.

then price found support around our lower red trendline forming a new swing around it, so our red trendline is now valid and we are waiting for an objective break below it to sell Bitcoin long-term.

meanwhile, price is retesting our 10.00 level again so we will be looking for objective sell setups on lower timeframes.

unless price breaks aggressively above our 10.0 and 11.0 levels (zone) then we will be looking for objective buy setups on lower timeframes on its retest.