Bitcoin broke into a bullish range again!
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Friends, I want to slightly update the previous idea from the technical side.
Last time, I warned that the opening of the week would most likely begin with a downward movement to the $26,150-26,500 zone, and the technical side of the trend line tightening signaled the same, we saw a breakdown and the price went down to the local support of $26,550.
At the moment, the price of bitcoin has again returned to the bullish range to the local support of $26,850-27200, from where it is trying to break through the local resistance of $27,550-27750, just what is needed in order to see further growth to $30,000
Well, this is not all that is needed for the cherished mark, after the breakdown of local resistance, it is important that the price be able to stay above the range of $27.550-27.750, and then if the buyer can hold the price, then we have another important resistance ahead of 28.760 (red line on the chart).
My bitcoin position unchanged:
Entrance - 26,280
Stop - $25,260
Target - $30-32k
Friends, I want to slightly update the previous idea from the technical side.
Last time, I warned that the opening of the week would most likely begin with a downward movement to the $26,150-26,500 zone, and the technical side of the trend line tightening signaled the same, we saw a breakdown and the price went down to the local support of $26,550.
At the moment, the price of bitcoin has again returned to the bullish range to the local support of $26,850-27200, from where it is trying to break through the local resistance of $27,550-27750, just what is needed in order to see further growth to $30,000
Well, this is not all that is needed for the cherished mark, after the breakdown of local resistance, it is important that the price be able to stay above the range of $27.550-27.750, and then if the buyer can hold the price, then we have another important resistance ahead of 28.760 (red line on the chart).
My bitcoin position unchanged:
Entrance - 26,280
Stop - $25,260
Target - $30-32k
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