BITCOIN has tested and rejected the strong support and demand zone, as investors look to "buy the dip" also has formed a M formation on the daily timeframe, also have bullish divergence on the 4hr timeframe, waiting for 4hr candle close then possible long position, first target the neckline of the M second target will be the previous daily high.
Trade closed: target reached
looking for entry now for second target.
Trade closed: target reached
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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.