Our next target remains at $13,200 and most likely $13,900 if Bitcoin (XBTUSD) can move past first...
Yesterday a peak was hit and the price moved lower sending out a strong bearish signal. High volume and bearish candlestick...
But, today's bounce is looking very promising... As you can see, Bitcoin remains trading within our ascending channel and our support level held nicely... If Bitcoin can continue to consolidate at these levels, we can expect the next jump up to happen soon.
Also, remember the weekly chart time-frame, this one is looking really bullish.
I will post another chart for it in a few minutes.
Where do you think Bitcoin is headed next?
Talk to me/us, in the comments section below.
Namaste.
Yesterday a peak was hit and the price moved lower sending out a strong bearish signal. High volume and bearish candlestick...
But, today's bounce is looking very promising... As you can see, Bitcoin remains trading within our ascending channel and our support level held nicely... If Bitcoin can continue to consolidate at these levels, we can expect the next jump up to happen soon.
Also, remember the weekly chart time-frame, this one is looking really bullish.
I will post another chart for it in a few minutes.
Where do you think Bitcoin is headed next?
Talk to me/us, in the comments section below.
Namaste.
Note
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🚨 FREE Quality Content + New Results
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t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
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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.