Yesterday we looked at Bitcoin (XBTUSD) short-term, on the 1H timeframe, and mapped the next move.
Our first target hit right away, you can see it below:
After our first target was hit at $6645, prices quickly retraced and tested EMA50/EMA300 while printing a higher low. With prices now trading above EMA10 and MA200, XBTUSD can resume its growth.
NOTE: The current 4H candle needs to close for confirmation. Prices for XBTUSD are currently challenging EMA10 and MA200.
A bullish breakout of the bullish flag and we can see XBTUSD hit our next target at $6830... What's your take?
Share with us in the comments section below.
Thanks a lot for reading.
Namaste.
Nota
If you want to trade altcoins, check the full trade signals below...
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.