BTC The bulls are back! Target $13,900
BTC failed to break and hold below 11500.
Flag forming after a decent bullish run. Completed 5 touches within the channel so now looking for a failed attempt at a 6th touch on the lower trend line which will create a HL then a push out of the flag for the next bullish run. Support now created at around $11,430 so expecting the HL to be created around there.
RSI is currently still sitting above support which adds to my bullish bias.
Targets:
One - $12,000
Two - $12,500
Three - $13,267
Four - $13,887
Five - Moon
I won’t be bearish on BTC unless we break and hold below $10,500.
Flag forming after a decent bullish run. Completed 5 touches within the channel so now looking for a failed attempt at a 6th touch on the lower trend line which will create a HL then a push out of the flag for the next bullish run. Support now created at around $11,430 so expecting the HL to be created around there.
RSI is currently still sitting above support which adds to my bullish bias.
Targets:
One - $12,000
Two - $12,500
Three - $13,267
Four - $13,887
Five - Moon
I won’t be bearish on BTC unless we break and hold below $10,500.
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.