Bitcoin is at resistance, with possible ascending triangle in formation .
A close above 6800 will bring us to 7400, otherwise a break of the trend line (+- at 6400) will open the retest of
the 6000.
Note the last impulsive mode was to the downside.
A close above 6800 will bring us to 7400, otherwise a break of the trend line (+- at 6400) will open the retest of
the 6000.
Note the last impulsive mode was to the downside.
Note
already broke out, lets see if we get small retrace to have a better RRNote
the channel upper limit is the 1st tp, watch itTrade closed: target reached
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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.