Dear traders and followers,
welcome to today's Bitcoin market update!
The Bitcoin price has formed a triangle pattern and we're looking to catch the current up move from 34000 $ to 38850 $.
All indicators looking pretty similar to January 11th.
Set tight stop loss in case of triangle pattern break down which is unlikely because market will form a higher low today on weekly chart.
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welcome to today's Bitcoin market update!
The Bitcoin price has formed a triangle pattern and we're looking to catch the current up move from 34000 $ to 38850 $.
All indicators looking pretty similar to January 11th.
Set tight stop loss in case of triangle pattern break down which is unlikely because market will form a higher low today on weekly chart.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support!
Trade active
move your stop loss to buy in price. Market need to catch the target within one single waveNote
move your stop loss to 35288 $ - buy volume is pretty lowNote
change stop loss to 36050 $
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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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.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Related publications
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.