Bitcoin- Temporary top in place?
After the strong rise from last week and the top made on Sunday, Bitcoin started to consolidate.
The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction.
On the other hand, a clear break above 21500 could lead to a new up acceleration.
Anyway, from my speculative point of view, only a buy at 19k zone would make sense
The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction.
On the other hand, a clear break above 21500 could lead to a new up acceleration.
Anyway, from my speculative point of view, only a buy at 19k zone would make sense
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
Related publications
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.