Bitcoin ($BTC) Corrective structure in short term? We'll see...
Updated
Hi everyone!
If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's wait.
DAILY ANALYSIS
(click and Play chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
If we look at our analysis on the daily chart (see chart below), the price action has reached a very important resistance area (trendline). Having said that, returning to our intraday chart, we see that the bullish structure may have completed, or almost completed, its development. Some reversal pattern should appear from one of these areas, let's wait.
DAILY ANALYSIS
(click and Play chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Note
Note
no reversal pattern, yet....Note
Note
Note
no reversal pattern, trend still remains bullishNote
...at the support zoneNote
...at the resistance areaNote
no reversal pattern yetNote
Note
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still bearish? 😀Trade closed: target reached
Target 1 hit ! 💗
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