Bitcoin has retraced to an area where volume has been decent and resistance recently turned to support but its overall bullish tone remains intact in short term time frames .
It seems to have held the area indicated in the chart and begun to turn upwards on short term time frames
I'd expect more of a bounce if equity markets remain calm but nothing too big so will be setting targets conservatively
Stop 85600
Entry 86800
Exit 88000
Just a 1:1 risk reward for a quick entry and exit .
E.
It seems to have held the area indicated in the chart and begun to turn upwards on short term time frames
I'd expect more of a bounce if equity markets remain calm but nothing too big so will be setting targets conservatively
Stop 85600
Entry 86800
Exit 88000
Just a 1:1 risk reward for a quick entry and exit .
E.
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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.