Bitcoin ready to break 25k?

By NoaTrader
Updated
Chart is simple. The latest bearish trendline and 23300$ resistance is broken with a good volume.
DXY is at an important resistance.
Good Risk to Reward for entering long considering 22700$ as the stop-loss and 25000$ as the target (or even higher!...).
Trade active
The 23300 resistance is now retested as support. Still a good place to enter for long.
Trade active
Supported again at 23200. Still good to go.
Comment
After a lot of struggles, now 23600 resistance is now retested as support. If it can hold the support It is a very good sign for going higher.
Comment
snapshot
Trade closed: stop reached
Bitcoin (Cryptocurrency)BTCcryptoCryptocurrencySupport and ResistanceTrend Lines
NoaTrader
nfa & dyor
Invest Smart!

Related publications

Disclaimer