Bitcoin Technical Analysis - Time to go higher?
Updated
Hello traders and followers,
Just updating you on BTC moves,and bringing you a new trade, wich should only be entered after confirmation (breakout), cause you know, btc makes weird unexpected moves all the time...
We are looking at the 1hr chart, and price is forming a falling wedge, wich is a bullish pattern, and should be breaking out soon!
Trades can be entered if we breakout with some good volume, and for now its not safe to enter!
There is also the possibility of we go down to the 7800$ support, but for now doenst seem like it...
I will update this trade soon!!
Be sure to leave a BIG like and comment your opinion below!
See you soon,
Mr.TTT
Just updating you on BTC moves,and bringing you a new trade, wich should only be entered after confirmation (breakout), cause you know, btc makes weird unexpected moves all the time...
We are looking at the 1hr chart, and price is forming a falling wedge, wich is a bullish pattern, and should be breaking out soon!
Trades can be entered if we breakout with some good volume, and for now its not safe to enter!
There is also the possibility of we go down to the 7800$ support, but for now doenst seem like it...
I will update this trade soon!!
Be sure to leave a BIG like and comment your opinion below!
See you soon,
Mr.TTT
Note
MACD just did a bullish crossover, breakout could be near.Note
A rally to 8400 should be coming soon.Trade closed: target reached
Target 1 reached!Lets see if we can hit target 2. Dont forget to take profit
Note
Bitcoin showing some strengh today! We should test now the 8430$ before going up again.Note
Did you read my chart on the bottom right?Guess i was right! ha!
Lets how BTC reacts to 7800$ zone
Note
7800$ zone hit with precision!! Wow, i called this zone last week when i posted this, hope you saw it :D
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