first analysis for the year on bitcoin, in this analysis, we noticed price broke-out from a long time continuation correction. i see some nice setups on bitcoin for confirming a bullish momentum for bitcoin.
i see bitcoin to
31K soon
WHAT ARE WE EXPECTING:
a bullish rally (impulse)
HOW DO WE ENTER:
a break of trendline followed by a correction (bullish rejection candle formation)
TRADE INVALIDATION:
when bearish continuation pattern forms
TRADE CRITERIA:
3:1
double bottom
candle formation
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!
i see bitcoin to
31K soonWHAT ARE WE EXPECTING:
a bullish rally (impulse)
HOW DO WE ENTER:
a break of trendline followed by a correction (bullish rejection candle formation)
TRADE INVALIDATION:
when bearish continuation pattern forms
TRADE CRITERIA:
3:1
double bottom
candle formation
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!
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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.
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.