BTC/USD - 7500 is a key area

shibetrader (56)in #trading • 6 years ago (edited)

A decent bounce on strong volume here would be quite bullish. If we consolidate above 7500 for a few days then it is likely that we break this important support at 7500 and continue down. I am still in long with a stop below 7400. A clean break on the support will make me flip short.

If today's candle pushes up and forms tweezers that would confirm my bull bias. I will update after the close.

2 Aug 7500.png

#ta #investments #btc #bitcoin

6 years ago in #trading by shibetrader (56)

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