Bitcoin short term bullish to new ATH!
Bitcoin is now on a consolidation phase forming a triangle correction pattern, thrust measurement suggests price targets around 95-100k.
Trade active
Bitcoin broken out of the triangle, just waiting for the volume to kick in and potentially reach our target. Goodluck!Note
Breakout proceeding accordingly marking new ATH for Bitcoin, we just need to be careful on our trades RSI and MACD is showing bearish divergence on 4H if market fails to reach target we could see a wider correction to the downside happen. I'll be starting to secure my positions now. Goodluck!Trade closed: target reached
Bitcoin reached the first target, I partially closed most of my position leaving just a few for the final target or trail stop. Congrats everyone! 🥳
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.