BTC is behaving good, my price target of 28500 was almost hit, 150 USD away. As we can see the 4 day candle along side 50/200 moving average explains the situation clearly. we strongly bounced from the 50 moving average(green line) and the next real resistance is around the circled areas, 30k. Conclusion my target for this rally will be 30 000. if we manage to...
I'm seeing a double top on the 4 hourly time frame, price target is around 26750. On the weekly time frame, we are in a bullish structure as long as we are above 25k. I'm in a short position my target is 26750(No financial advice).
BTC recently broke above 25260, and is now trading above 27k. On the 1h timeframe we can see a potential bull flag, price target 28500.