Bitcoin - Short Term Target 5800
Short Term Target 5800
Trade active
Long at 5660Trade active
BTC going sideways in lower time frames but still the trend is valid. Expecting to hit lower trend line once more due to low volumes before going up again.Trade active
Setting my take profit at 5825. But if there is strong rejection at 5800 , I will be closing the tradeTrade active
Rejection around 5775 was expected as it is on the short term upper trend line. It may even go down , back to lower trend line and then shoot up againTrade active
Approaching lower trend line, may shoot up after hitting 710 to 700. Watch careful, in case of break of trend line , I will be closing the trade and taking profits.Trade closed manually
Closing the trade at 5698, will open again after reversal signTrade closed manually
Will wait for a consolidation pattern here and take a short at the top of the flag
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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.