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Bitcoin breakout on daily TF $24k - $32k coming?
Bitcoin / TetherUS
Long
Bitcoin breakout on daily TF $24k - $32k coming?
By TychonTrades
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Jul 8, 2022
3
Bitcoin with the recent push breaksout of the daily tf rsi, next targets are 24.8k,
29K
& 32k.
Two confirmations:
- RSI breakout confirmed.
- Prices shifting internally bullish.
Bull side:
- We retest the OB on 4hr till 19.5k and bulls takeover with the retracement & we move towards out targets.
Bear side:
We get a shakeout till 16.5k to takeout all the longs and retest the RSI on daily timeframe, confirm local bottom & move up.
Chart Patterns
Trend Analysis
TychonTrades
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