Bitcoin trend change. Here is how I think it will play out.
Note
First Target Reached and it bounced very hard, straight up to the sell target. If it continues following my chart, then it will continue downwards. In the case that it does manage to close above that upper trend line, we could see another run for ATH, otherwise I think a dip to 2800-3k is necessary before we start moving up again.
Trade closed manually
Looks like we're headed for ATH again. closing the threadTrade active
I'm actually going to keep this open for a while. If it crosses above $4200 again, I'll close it
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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.