Bitcoin update on 4H - waiting for a major break
Dear traders and followers,
the Bitcoin price is showing to us low volume movement since couple of days and has formed a double top which is sell indicator.
Market going to retest 9400 $ area after a breakdown from yesterdays low. A break above yesterdays high is a strong buy signal and moves the market to our target at 10100 $.
We wait for a major breakout or breakdown before open a position.
Indicators on higher time frame showing possible trend change incoming.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
the Bitcoin price is showing to us low volume movement since couple of days and has formed a double top which is sell indicator.
Market going to retest 9400 $ area after a breakdown from yesterdays low. A break above yesterdays high is a strong buy signal and moves the market to our target at 10100 $.
We wait for a major breakout or breakdown before open a position.
Indicators on higher time frame showing possible trend change incoming.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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