Bitcoin; Zone in red circle is the region that should be breakout strong for the continuation of the rise. if it happens, can say the possibility exists Cypher Pattern.
In my last BTC{Gap} analysis, created an opportunity to trade from $6700 to $7450. But now we have passed the important neckline area testing phase
I think the direction is upwards for now although there is a probability of retest. My expectation, probability firstly $7000 on short term for now and then secondly $7200 depending on the strength of the bulls.
Good luck!
In my last BTC{Gap} analysis, created an opportunity to trade from $6700 to $7450. But now we have passed the important neckline area testing phase
I think the direction is upwards for now although there is a probability of retest. My expectation, probability firstly $7000 on short term for now and then secondly $7200 depending on the strength of the bulls.
Good luck!
Note
Hourly GAP
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Related publications
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.