Bitcoin
Short

Targets for retracement

We're sitting atop the local higher low here. As soon as we establish a lower low, the targets below are where I would expect it to reach. There is strong support around $200, so if it is going to turn around, I would expect it to turn around there.

Overall, I'm still pretty bullish, but we can't know for sure until we reach one of these targets and see what happens.

BTC donation address:
1LxdKbgMyQxiNepMSLZs2tKtUseMqtq34b
lowerlowspullbackretracementtargethittargetsTrend Lines

Also on:

Related publications

Disclaimer