BitcoinUpdated Bitcoin Closing Profits & Next Trade
Hello,
Great return on our last call! Now we are looking for the next setup. As you can see the Bitcoin price followed our previous analysis exactly. We are now in a tricky area. As you can see we are at the resistance of the falling wedge formation.
Long positions: We will look for a break and close above the resistance level targeting ~45,000
Short Positions: Strong rejection at this resistance level will push to a new low in this trend towards the ~30,000 strong support area.
Great return on our last call! Now we are looking for the next setup. As you can see the Bitcoin price followed our previous analysis exactly. We are now in a tricky area. As you can see we are at the resistance of the falling wedge formation.
Long positions: We will look for a break and close above the resistance level targeting ~45,000
Short Positions: Strong rejection at this resistance level will push to a new low in this trend towards the ~30,000 strong support area.
Note
45K Target Hit Close in profit.
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.