When doing my Bitcoin analysis I like to zoom out on the Daily line chart and get away from the crazy wicks this market sees and try and keep it simple. Different charts way vary but on the BTC/USDT chart on Binance price broke through the overhead trend line and subsequently tested the trend line and closing above it. That is a clear buy in my books and targeting 12.5k as the next roadblock and ultimately 13.1k to decide if we make a new high or get slapped in the face. A daily close under 11.4k and another re-test of the trend line is imminent and we'll see how strong that line really is!
Entry --> 11.5k -11.8k
TP1 --> 12.5k
TP2 --> 13.1k
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Entry --> 11.5k -11.8k
TP1 --> 12.5k
TP2 --> 13.1k
Please Comment, Like, & Follow!
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.