BTC has had a bounce at the cup neckline making a good SR Flip for potential upside.
Target
23K level with breakout at $25k.
Previous resistance at $22500 (head and shoulder neckline).
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Target
23K level with breakout at $25k.Previous resistance at $22500 (head and shoulder neckline).
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Note
BTC pumping +10.73% since posting.Possible bullish retest of $23875 level for continued upside.
On break of structure pullback to cup neckline or $22.4k zone.
Look for area of value re-entry ideas.
Aggressive bearish break of $23.8k level could enter short-term short.
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.
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.