After a 1-year of down-trend bitcoin had a break-up on parabolic trend. Now it is all about if it's gonna hold on confirmation or not. Confirmation band is between 16500-16700. Any scenario of btc holding the price over 17300 is a good sign of trend-reversal.
Trade active
BTC giving signals on holding the price around 16700. With a close stop-limit on 16620 long position is available. tp1:17075 tp2:17350 long term target: 18800. NTA!!
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.