Bitcoin Continues Aiming Higher -Short-Term Analysis, 6.8K Next?
Updated
Yesterday we looked at Bitcoin (XBTUSD) short-term, on the 1H timeframe, and mapped the next move.
Our first target hit right away, you can see it below:
After our first target was hit at $6645, prices quickly retraced and tested EMA50/EMA300 while printing a higher low.
With prices now trading above EMA10 and MA200, XBTUSD can resume its growth.
NOTE: The current 4H candle needs to close for confirmation. Prices for XBTUSD are currently challenging EMA10 and MA200.
A bullish breakout of the bullish flag and we can see XBTUSD hit our next target at $6830... What's your take?
Share with us in the comments section below.
Thanks a lot for reading.
Namaste.
Our first target hit right away, you can see it below:
After our first target was hit at $6645, prices quickly retraced and tested EMA50/EMA300 while printing a higher low.
With prices now trading above EMA10 and MA200, XBTUSD can resume its growth.
NOTE: The current 4H candle needs to close for confirmation. Prices for XBTUSD are currently challenging EMA10 and MA200.
A bullish breakout of the bullish flag and we can see XBTUSD hit our next target at $6830... What's your take?
Share with us in the comments section below.
Thanks a lot for reading.
Namaste.
Comment
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