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🔥 Bitcoin Bullish Support Holding: Wait For Break Out
Bitcoin / TetherUS
Long
🔥 Bitcoin Bullish Support Holding: Wait For Break Out
By FieryTrading
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Updated
Dec 18, 2023
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Dec 17, 2023
BTC has been consolidating for over a week at this point. Some form of consolidation was to be expected after the massive move from 36.7k to 44.7k.
To me, it looks like BTC is bouncing off the bottom support yet again. This support has been holding for over 3 weeks now and was due to be retested.
I'm waiting for the price to reach above 42.2k to confirm the break out through the top resistance, short term target placed at 44.7k.
Dec 18, 2023
Comment
42.7k to confirm the break out*
Dec 18, 2023
Comment
BTC fell through the support. Signal has been cancelled. No entry has been made an no stops have been hit.
Dec 18, 2023
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Update
Bitcoin (Cryptocurrency)
BTC
Chart Patterns
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Ethereum (Cryptocurrency)
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