BitcoinLong
Buy at $8000. Sell at $11000
Purely price action.
Bear channel has no clear support level until $8000. That's the clear attraction for this phase.
Rejection of the $8000 level, with wicks to high 7000s will see price bounce to the channel trendline and, should it break, breach the $10000 region.
Long-term target of $11000.
Bear channel has no clear support level until $8000. That's the clear attraction for this phase.
Rejection of the $8000 level, with wicks to high 7000s will see price bounce to the channel trendline and, should it break, breach the $10000 region.
Long-term target of $11000.
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.