BTC 1D - BITCOIN HIT 10300, IN SOLID POSITION TO PUSH HIGHER
# The red-dotted trend line mentioned in previous analysis again worked well in defining current bullish breakout.
# The price broke above the Ichimoku cloud and red-dotted trend line to confirm a reversal of trend. As this breakout happened during the weekend, It gave a fresh outlook as how price will move come end of the month.
# The current priority is bullish. Momentum is gathering during Asian market, and further volatility is expected during European market.
# The expectation is still for the price to at least complete previous predictions of reaching a 9.36% increase (9620-10520).
# Closing above yesterday's high of 10200 will make a third daily candle forming a Three White Soldiers pattern and engulfs a previous candle.
DYOR Always
# The price broke above the Ichimoku cloud and red-dotted trend line to confirm a reversal of trend. As this breakout happened during the weekend, It gave a fresh outlook as how price will move come end of the month.
# The current priority is bullish. Momentum is gathering during Asian market, and further volatility is expected during European market.
# The expectation is still for the price to at least complete previous predictions of reaching a 9.36% increase (9620-10520).
# Closing above yesterday's high of 10200 will make a third daily candle forming a Three White Soldiers pattern and engulfs a previous candle.
DYOR Always
Related publications
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.