Quick idea.
Bitcoin managed to break its medium-term tentative downside resistance line and also the push above the high of last week. If the daily candle stays above it, then there is a good chance we could see a continuation of the move north, at least for a little bit more.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
Bitcoin managed to break its medium-term tentative downside resistance line and also the push above the high of last week. If the daily candle stays above it, then there is a good chance we could see a continuation of the move north, at least for a little bit more.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
Note
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
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.
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.