Possible Breakout ETHOS BQX/BTC
Updated
Had a very strong move up to test upper trendline resistance on the day chart could see this short term breakout turn into a long rally. Highlighted some price targets. This of course hinges on bitcoin reversing, which i think we see the low for the year set sometime tomorrow as its the last trade date of cme futures that started trading in december. With altcoins pumping so much on good days of bitcoin id say sentiment is starting to change to more bullish but still got some dropping to do today/tomorrow. We'll see though.
Trade closed: target reached
Well that was quick.Trade active
Long term trade still active.Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.