Pt 2 - Bitcoin finally reversing the trend?
Bitcoin has broken the primary resistance trend-line.
So what now?
My idea is the price will retest the major resistance levels. it could get there by either flying up (not falling below the broken red line) or dropping back towards the new important support trendline to pick up more buyers. I will report back on bitcoin for part 3 after a few days/weeks.
Good luck!
So what now?
My idea is the price will retest the major resistance levels. it could get there by either flying up (not falling below the broken red line) or dropping back towards the new important support trendline to pick up more buyers. I will report back on bitcoin for part 3 after a few days/weeks.
Good luck!
Note
On the road to 10kNote
Adjust SL to 9450 or take all profit now either way this idea is still active.Trade closed: target reached
Stay tuned for part 3...
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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.