In the 4H time frame, BTC may be forming a triple bottom pattern. Trading volume seems to confirm for that. The nearest support is at $ 7795 on Bitstamp, the price target for this rally is at $ 8400, the upper edge of the price channel.
Stop loss if 4H close below $7730
Stop loss if 4H close below $7730
Trade closed: target reached
Note
Note
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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.