Bitcoin : Will it break the previous low of 3800$ level ?
On the H4 & D1 Chart Bitcoin made a reversal from strong resistance zone 7,000 - 7300$
Now formed a spinning top bearish reversal Candlestick pattern on D1 Chart and now Bitcoin may attempt to reach the previous swing low and support zone of 3,800$ - 4,000$
Now formed a spinning top bearish reversal Candlestick pattern on D1 Chart and now Bitcoin may attempt to reach the previous swing low and support zone of 3,800$ - 4,000$
Nota
Also note that : If Bitcoin breaks the 3,800$ then we have a triangle breakout target of 1,800$. (The triangle is not looking good enough so, it's unconfirmed yet) First we have to see how the market behaves, Bitcoin Should made strong bullish reversal from 4,000$ level if it does so, the triangle bearish breakout will be invalidated.Nota
Keep an eye to this channel too, it's a valid channel till now.Nota
The Channel is still in play and ValidNota
6400$ became a good resistance on the H1 ChartNota
On the H1 Chart Bitcoin is moving in Range, Now we need to track and see the market in smaller timeframe.Booked profit at 5,900$
Trade fechado manualmente
Closed with 10% Profit,
Waiting for new trade entry.
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.