Bitcoin / EuroLong
(Temporary) Reversal is comming. Target: 3800€
I expect a big bounce. A lot of indicators give signs of a reversal, and buying volume is increasing.
Best case scenario is an iH&S, and we continue to the upside. Worst case scenario is a bounce back down from 3800, to retest the lows, or even look for newer lows.
Short term: bullish
Long term: ???
Best case scenario is an iH&S, and we continue to the upside. Worst case scenario is a bounce back down from 3800, to retest the lows, or even look for newer lows.
Short term: bullish
Long term: ???
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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.