Small correction before further upside on BTCUSD
Updated
Hello traders,
Welcome to my first ever published TA, this is just an idea and I want all your opinions on it. I'm still learning so don't use my investment strategy as financial advise.
Looking at the price action the past few days I think we're finally looking at a short term more bullish BTC.
Watch: 12.1k USD for breakout to 13k, 10k-10.25k for start of a new downtrend to possibly the 8.5-9k USD support range.
Welcome to my first ever published TA, this is just an idea and I want all your opinions on it. I'm still learning so don't use my investment strategy as financial advise.
Looking at the price action the past few days I think we're finally looking at a short term more bullish BTC.
Watch: 12.1k USD for breakout to 13k, 10k-10.25k for start of a new downtrend to possibly the 8.5-9k USD support range.
Comment
NOTE: There is also a possibility price stays within the green triangle, in that case it will go up to 13k without going through ABC first.Comment
BTC should stay above 11k, expecting some consolidation leading into a breakout attempt somewhere in middle of this week.Order cancelled
Looking back it seemed like it hit my 2 points and then decided to break down which triggered a panic sell causing us to find our bottom again. Tomorrow we will go back to our C point to resume our destination ;)
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