BTC GOING UP short term

Very nice double bottom, price is set above the double bottom's maximum therefore we will operate a long trade. Aditionally, the price brokeout from the dark red descending trendline. Right now our short term target is close to fibbonaci's level 2. Which is price target @4659 aprox

Good luck and if you liked this idea please give me a Like , thank you !!!

Note

Target Not reached, drop is likely since it consolidated below double top's previous maximum.

Note

Alright so price consolidated at fibb's .382 level, entered to the previous support zone and it's currently hitting ema 200. Let's see if it's able to get through the last mentioned.

chemistrytrades

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.

chemistrytrades