Hello everyone,
today we take a look at the chart of the Bitcoin Group
- The normal correction seems to be over
- From a chart perspective, the next bull run should now be on the cards
- Horizontal support levels support the zone around 46 points
The plan
- I want to build a long position around the 48 point level
- The golden pocket of the last rally is the main support that should not be undercut by the weekly closing price.
- The last high serves for me as the main target for a trade.
Buy zone: 44 - 48 points
Target zone1: around 83 points
Target zone2: around 100 points
With this in mind,
Good luck & Keep it simple!
Max
today we take a look at the chart of the Bitcoin Group
- The normal correction seems to be over
- From a chart perspective, the next bull run should now be on the cards
- Horizontal support levels support the zone around 46 points
The plan
- I want to build a long position around the 48 point level
- The golden pocket of the last rally is the main support that should not be undercut by the weekly closing price.
- The last high serves for me as the main target for a trade.
Buy zone: 44 - 48 points
Target zone1: around 83 points
Target zone2: around 100 points
With this in mind,
Good luck & Keep it simple!
Max
