With a strong daily close (bullish engulfing and successful Kijun bounce), BTC might reach another all time high.
Reasoning for this:
-Previous successful daily Kijun bounce lead to another all time high (see green arrows).
-Pattern looks similar to previous price movement (see boxes and circles).
Targets may vary but somewhere near 10k is good place to take profit if Daily Kijun holds.
Looking to buy more on the dips somewhere near 6000. My stop Loss is a daily close below 5800.
Note: Chart is on log scale.
Reasoning for this:
-Previous successful daily Kijun bounce lead to another all time high (see green arrows).
-Pattern looks similar to previous price movement (see boxes and circles).
Targets may vary but somewhere near 10k is good place to take profit if Daily Kijun holds.
Looking to buy more on the dips somewhere near 6000. My stop Loss is a daily close below 5800.
Note: Chart is on log scale.
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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.
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.