Hi there,
BTCUSD is in a bullish phase, but I am anticipating a dip before the price continues its rally. The high of 104,606 exerts bearish pressure on the current price, and the internal rate of change of the current candle is unstable.
For the price to spark bullish interest, it must break above 104,039 with unmistakable bullish signals.
The potential market bias is toward 110,315, with one potential target area.
Happy trading, and have a great weekend.
K,
Not a trading advice
BTCUSD is in a bullish phase, but I am anticipating a dip before the price continues its rally. The high of 104,606 exerts bearish pressure on the current price, and the internal rate of change of the current candle is unstable.
For the price to spark bullish interest, it must break above 104,039 with unmistakable bullish signals.
The potential market bias is toward 110,315, with one potential target area.
Happy trading, and have a great weekend.
K,
Not a trading advice
Trade closed: target reached
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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.
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.