BitcoinLong
BTCUSD Weekly Chart Update
Updated
Hello;
Based on my previous idea (related link) about BITCOIN , Those who are still in the BUY position , Next Target would be 38400-43000 .
For those who wait for a correction for Entering Buy Position , 30350-31350 is the area which should find a reversal pattern.
24750 - 26400 is the main Demand area. If price loses this support , Trend would switch to BEARISH.
Based on my previous idea (related link) about BITCOIN , Those who are still in the BUY position , Next Target would be 38400-43000 .
For those who wait for a correction for Entering Buy Position , 30350-31350 is the area which should find a reversal pattern.
24750 - 26400 is the main Demand area. If price loses this support , Trend would switch to BEARISH.
Note
HelloAfter about a month price has been reached to the Target Zone.
I believe we can close part of our position in this level.
And wail to see a rejection signal for closing rest of it.
Note
Price is going through the supplly area, Breaking the top side of area (43000$) is important for next targets.
For new BUYERS whome they are afraid of loosing this bullish trend , 39250-39850 is the first level of watching and waiting for a correction.
Note
Price has passed Strong resistance.For now next Target would be 45700-46800
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