Bitcoin has been in a downtrend for some time now, recently been moving upwards and now it has encountered a second resist in my book, it broke out the downtrend from ATH line but now we have a candle close break-out pending. Once this break out, I am measuring last major touch on line led to a strong move downwards, i will use that same line to put towards the breakout giving me a idea where price might head to from the breakout.
Not a insane target lol, not a crazy prediction… Just Wizard TA.
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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.