Bitcoin's Outlook Is Still Bullish, But For How Long?
As we all have seen, Bitcoin made a sharp turn downwards this morning. However, it didn't go down all the way, seems we got saved by the lower trend line of the channel.
If this trend line manages to hold this week, we might see Bitcoin continuing its rise towards $20,000 and beyond. Before entering a long position, wait for the trend to confirm. My suggestion would be to wait till we have a daily candle close above $17,500 (yellow line).
If the lower trend line were to be beaten this week, we can expect Bitcoin's value to drop even further towards $15,000 or even lower.
Trade carefully!
If this trend line manages to hold this week, we might see Bitcoin continuing its rise towards $20,000 and beyond. Before entering a long position, wait for the trend to confirm. My suggestion would be to wait till we have a daily candle close above $17,500 (yellow line).
If the lower trend line were to be beaten this week, we can expect Bitcoin's value to drop even further towards $15,000 or even lower.
Trade carefully!
🎯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
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.