My prediction of price testing 30400 range has happened.
Now, based on the latest candle formation, we can see that Doji pattern has formed.
This is a break in momentum, which is further confirmed by high volume.
Judging by it's relentless price behavior to the upside, I suspect the following might happen:
1) Price would remain the same, or slight downwards retracement towards Area of Support. (for the next 2-3 hours)
2) A sudden spike would happen breaking and closing above 30400. (I am not sure when it will happen, but will monitor for the next 4-24 hours)
For latest progress updates, check out my BTC 24hrs trading livestream.
Link in Profile Bio.
Now, based on the latest candle formation, we can see that Doji pattern has formed.
This is a break in momentum, which is further confirmed by high volume.
Judging by it's relentless price behavior to the upside, I suspect the following might happen:
1) Price would remain the same, or slight downwards retracement towards Area of Support. (for the next 2-3 hours)
2) A sudden spike would happen breaking and closing above 30400. (I am not sure when it will happen, but will monitor for the next 4-24 hours)
For latest progress updates, check out my BTC 24hrs trading livestream.
Link in Profile Bio.
Trade closed: target reached
Clean breakout and closed above 30400.
YouTube Channel: TraderDex
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.
YouTube Channel: TraderDex
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.