By tradingview.com on January 18, 2021
Hello friends, the price of Bitcoin (BTCUSD) is supported by the MA 50 on the daily & intraday charts. As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange) and is now aiming for a higher high. We place our order accordingly, with a Stop-Loss slightly below the previous low and our target located slightly above the previous high. We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend, as …
The Coin Detective