BITCOIN, detailed overview and next possible targets
Two possibilities and many questions over here. Is it a reversal? Has the price formed a triple bottom and preparing its launch to the upside? Is it a new dip? Well we do not know as of right now. But what we can do, is wait for more confirmations before entering a transaction. If the price manages to bounce off and close above the structure plotted on the chart, we will be opening BUY positions and aiming for 41k. On the opposite side of the story, if the price manages to close below the structure, we will be selling and targeting 30k.
What do you think? Where is the price headed next? Feel free to share your thoughts and ideas in the comment section below, family!
What do you think? Where is the price headed next? Feel free to share your thoughts and ideas in the comment section below, family!
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.