From a technical standpoint it seems that our resistance around 10.500 has completed the bullish impulsive structure, so it should be logical to ABC pattern correction around 9.000. If 9,000 support area won't hold, the next bearish target is around 1,000 points down.
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Traders, never forget this:What is the purpose of Cryptocurrency?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
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We try to follow the pair of 15 'and chart potential swing:Note
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We have moved stop loss to breakeven. Have a nice week and happy weekend!Trade closed: target reached
TP1 hit!Note
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Updates setup![[BITCOIN] UPDATES SETUP](https://s3.tradingview.com/y/YK1aekkp_mid.png)
Trade closed: target reached
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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.