#BTC weekly update !
Last week's BTC technical analysis tends so fit that I spot according to my plan, now this week also starts with high potentials to long.I always analyse in both ways, to long and short ,also pendown strategies to get in and out of trade long/short. This week BTC took open at $64941that is a good start and eventually jumped to $66824.Green doodles look so yummy today, if it would have weekly closing (that is 6 days away) upto $66811(that is red line upside),BTC is safe further added I can mark this as resistance level,even today if daily closing is around $65700 to $65900,I would analyse BTC as bullish.
1st Support level is upgraded to around $63300 and strictly 2nd is $61300 if by bad luck it goes down to 2nd support level ,I will wait for some time to adjust and will open a long.(if before didn't open a long)If it touches $67000, I will not open a short because of halving am little bit cautious of shorts on higher time frames.
Long/short depends on support and resistance level.
Traders be vigilant , be clever to save your assets. always open a trade that fits you better.
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