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Bitcoin
Long
Updated

BTC is likely to push up from here

300
- Bullish Wedge
- Daily Regular Bullish Divergence
- Huge Short Sentiment (Contrarian positioning)
- Previous Price Reversal Point

** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
Note
snapshot - Look for the break upto 5800.
Note
Looking for the impulse above the 200 or the breakdown through snapshot
Note
Hope you enjoyed some profit out of the move upto 4k. Look for the break of the current squeeze for a continuation above 4k. Loose Inverse H&S Formation provides a potential upside as does the short term formation after the Bullish impulse. snapshot
Note
Pushing up will will open the door for the extended retracement up-to the 5800 - 6k threshold at the 161.8 extension. snapshot
Note
snapshot - Bullish pattern forming, this is a TP area so make sure you take some good profit out. Market seems to be gathering momentum for the next move.
Trade closed: target reached
Tethered out at the rejection. Trade complete for now. Hope you guys took some profit out.

snapshot
PardoFX_Trading
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Also on:
Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDbtcusdlongcryptoCryptocurrencyOscillatorsSupply and DemandWedge

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Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDbtcusdlongcryptoCryptocurrencyOscillatorsSupply and DemandWedge
PardoFX_Trading
Join the PFX Trading Group
facebook.com/pardoFX/(Follow us on FB)
Also on:

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.