Following on from our last Bitcoin post, we are now at the important inflection point where we could see it tumble back down to the 30k level. If we break above this current level, it would mean we could see possible ATHs.
Ideally we want it to drop once more to 30k levels so we can get an entry for the bull run and have a nice completion of the expanded flat correction.
We are currently in an ABC correction and seeing the completion of C wave. On lower timeframe we have a trendline we can watch for break and enter for short term sells back to the 30k levels.
Trade Idea:
- Watch for rejection of sell zone and break of trendline for entry
- stops above the rejection
- Targets: 38000, 33000, 29000
Goodluck and as always, trade safe!
Ideally we want it to drop once more to 30k levels so we can get an entry for the bull run and have a nice completion of the expanded flat correction.
We are currently in an ABC correction and seeing the completion of C wave. On lower timeframe we have a trendline we can watch for break and enter for short term sells back to the 30k levels.
Trade Idea:
- Watch for rejection of sell zone and break of trendline for entry
- stops above the rejection
- Targets: 38000, 33000, 29000
Goodluck and as always, trade safe!
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.