๐จ BITCOIN: 3 IMPORTANT POINTS TO WATCH IN $BTC
Before making any decision in the market, I like to observe three points on the Bitcoin chart:
๐น 1. Trend โ is the price forming higher highs and higher lows, or lower highs and lower lows?
๐น 2. Volume โ moves accompanied by higher volume can bring important information about the marketโs strength.
๐น 3. Support and resistance โ watching the areas where price previously reacted can help better understand the current behavior.
๐ Instead of trying to guess the next move, I prefer to observe what the chart itself is showing.
And you, what are you observing in $BTC right now?
๐ Leave your analysis in the comments.
Educational content. Not investment advice.
#Bitcoin #BTC #Crypto #BinanceSquare
Before making any decision in the market, I like to observe three points on the Bitcoin chart:
๐น 1. Trend โ is the price forming higher highs and higher lows, or lower highs and lower lows?
๐น 2. Volume โ moves accompanied by higher volume can bring important information about the marketโs strength.
๐น 3. Support and resistance โ watching the areas where price previously reacted can help better understand the current behavior.
๐ Instead of trying to guess the next move, I prefer to observe what the chart itself is showing.
And you, what are you observing in $BTC right now?
๐ Leave your analysis in the comments.
Educational content. Not investment advice.
#Bitcoin #BTC #Crypto #BinanceSquare