BTC The price has risen above the 48,000 level, which is bullish. However, there are some chances that it won't be a simple pump for ATH.
If the price loses the support of 47,500, there is a high chance of going to 45,000 to test this level and bounce from there.
Our resistance is at 48900
Foreseeable scenario: As long as the resistance at 48900 holds, the bearish scenario will prevail.
Alternative scenario: exceeding 48900 would lead to an extension towards 51100
As usual, I enter the levels for intraday trading, they are short with the relative targets and stop losses.
15 minute chart:
Chart from tradingview.com
Log in to Publish0x:
https://www.publish0x.com/?a=oQeZ4DR6bp
Follow me on Telegram for more details during the day, it's free and not just crypto, test my signals https://t.me/joinchat/_J8vQO5jNPBlYTg0
Join NOISE and earn BCH every day: https://noise.cash/u/trade60
This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.
Contact me if you want: [email protected]
: Pionex is an exchange designed for the trading bot. Great liquidity which aggregates from multiple other exchanges, 12 trading bots built-in, and very low trading fee - 0.05%. Join with me today ?? https://www.pionex.com/en-US/sign/ref/QLDg0xFT
Why register with Pionex? 12 free bots. Pionex was born to offer free automated trading tools, from as many as 12. Another very important thing is the liquidity to make the bots go, otherwise they are not performing. But Pionex is not lacking, in fact it is the first exchange that aggregates the liquidity of the BINANCE exchange and the HUOBI GLOBAL exchange. As it has an agreement with Binance and Huobi (liquidity engine, point above), it has very low trading fees of 0.05%. is regulated both in Singapore and in the United States. Pionex holds the MSB (Money Services Business) license granted by the US FinCEN, the same license applied by Binance, Huobi and major exchanges.