Bitcoin Update September 10th
We're at a critical juncture currently with us being at the 200ma on the 4hr chart, resistance 3 on the weekly pilot chart and where price should be on the monthly chart. If bulls can break though this resistance, I don't see price slowing down until 23500 which is a downward trendline which has pushed price up or down everytime it has came close to it and is also near the resistance 1 on the monthly pivot chart. I'd look for a long entry around 21800 to be held short term until 23500.
Don't force a trade. Wait for your setup, be patient. Trade ideas are my own and not financial advice, I'm a monkey with a phone for crying out loud.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Don't force a trade. Wait for your setup, be patient. Trade ideas are my own and not financial advice, I'm a monkey with a phone for crying out loud.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.