In the past months, we saw how a triangle was formed in the bitcoin chart, this made many investors think that we were going to have a bullish break and later it will take us to overcome the level of 20,000 dollars. Unfortunately, we will have a bearish process in the following months due to the downward break of the triangle (with the confirmation of the volume) which I think that the closest objective should be the 5,000 dollars and possibly the 3,200. We will continue waiting for this great bullish movement ... Have a nice day!
Note
strong support 6,150
Note
strong resistance 7,000
Note
Note
next target: 5,430Trade closed: target reached
well...
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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.