BTC bullish on short-term
BTC is moving above the trendline, looking bullish in short term.
IMO, It will be testing the 17k1 Resistance today. If it confirms a breakout, then we will see BTC trading at 17k7 - 18k1. If it can not break the resistance, well, chances are it will continue to sideway in the 16k-17k box for a while.
Potential Long:
Entry: now or wait for 16k8
SL: 16k5
Tp1: 17k7
Tp2: 18k1
IMO, It will be testing the 17k1 Resistance today. If it confirms a breakout, then we will see BTC trading at 17k7 - 18k1. If it can not break the resistance, well, chances are it will continue to sideway in the 16k-17k box for a while.
Potential Long:
Entry: now or wait for 16k8
SL: 16k5
Tp1: 17k7
Tp2: 18k1
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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.