UnknownUnicorn6061584

BTC|USD - Breakaway Gap Confirmed

Long
CME:BTC1!   Bitcoin CME Futures
Greetings. Please leave a Like if you like the idea

Currently there are a lot of bullish signs around btc. Here are some of them:

-price broke and fixes above horizontal resistance
-price broke the descending channel's resistance
-breakaway gap has been confirmed

Now we face 2 horizontal resistance (previous range's resistance). If the one is broken the Price will continue to rise.

The more long term target after price fixes above 2 horizontal resistance is:
-9.800$

More conservative targets that cover all the road up are:
-8.800$
-8.900$
-9.000$
-9.100$
-9.200$
-9.300$
-9.400$
-9.500$
-9.600$
-9.700$

Write in the comments what you think about BTC market situation?

Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.

Peace Out!

Not a Financial Advice
Disclaimer

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.