Several failed attempts to break above 10.6k, expecting a slow descent to 8k region until May 2020 around the time of halvening.
Trade active
Expecting a revisit to 7.7k region, before a bullish reversal occurs.Outlook is bearish until we close above 10k on the weekly.
Trade closed: target reached
Bullish reversal confirmed, retest of 10.5k is likely.LONG
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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.