Hello traders! Bitcoin (BTC) had an exciting weekend, reaching its highest level since July 2022 at around 31 000 $ before retracing slightly and consolidating in the $29.6k-31k $ range.
Based on technical analysis and market sentiment, we can expect a short-term dip in the coming days before a potential continuation of the uptrend.
I am waiting for a break of this ascending parallel channel: either above the upper line to go long, or a break below the middle line to go short. And I am talking of a daily candle close.
Overall, despite the short-term dip, the outlook for Bitcoin remains bullish.
Happy trading, and stay bullish!
Based on technical analysis and market sentiment, we can expect a short-term dip in the coming days before a potential continuation of the uptrend.
I am waiting for a break of this ascending parallel channel: either above the upper line to go long, or a break below the middle line to go short. And I am talking of a daily candle close.
Overall, despite the short-term dip, the outlook for Bitcoin remains bullish.
Happy trading, and stay bullish!
Nota
If Bitcoin were to break below the 100 day EMA that'll be bad news
🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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.
🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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.