🔥 Bitcoin: Re-testing Channel Before Bullish Move
A couple of days ago I made an analysis on Bitcoin and the potential break out of the channel.
In the end, BTC chose the bullish side and broke up through the channel resistance. However, a bullish follow-through was missing and BTC traded downward again.
BTC is currently seeing a minor reversal after testing the channel resistance as support. An aggressive approach would be to enter the market right away. I'd be more conservative and wait for a (daily) close above $61k to confirm the reversal.
Targets for the move: $62.5k and $63.5k.
Happy trading!
In the end, BTC chose the bullish side and broke up through the channel resistance. However, a bullish follow-through was missing and BTC traded downward again.
BTC is currently seeing a minor reversal after testing the channel resistance as support. An aggressive approach would be to enter the market right away. I'd be more conservative and wait for a (daily) close above $61k to confirm the reversal.
Targets for the move: $62.5k and $63.5k.
Happy trading!
Nota
UPDATE
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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Penafian
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.