New bitcoin analysis
Updated
Bitcoin has to make an important decision.
If we look at the DXY and the stock market,
things are looking really good for a possible breakout of Bitcoin out of the pattern that it formed in the last days.
Target 1: 30448
Target 2: 31510
Target 3: 32520
Target 4: 33942
STOPLOSS: 28609
Don't take this trade without breakout and confirmation candle.
If we look at the DXY and the stock market,
things are looking really good for a possible breakout of Bitcoin out of the pattern that it formed in the last days.
Target 1: 30448
Target 2: 31510
Target 3: 32520
Target 4: 33942
STOPLOSS: 28609
Don't take this trade without breakout and confirmation candle.
Note
Next 4 hours are important to enter the trade on the retest of the pattern. Wait for the next 4h closure before entering!Note
Nasty stoploss hunt today! trade still valid!
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.