trojan_hearse

Bullflag forming

trojan_hearse Updated   
BINANCE:BTCGBP   None
I believe we are currently in a brief reconciliation period for BTC, for which I am taking a very small short position, but overall outlook remains highly bullish. I anticpate a bounce around the key support level of £40k ($55.5k USD). Upward trajectory will be defined by the upcoming waves in the next day or two. I'd forecast the next pump to take us to around the £47k ($65k) level.
Comment:
Consolidation following the trend lines exactly. Closely watching today and tomorrow for clues on the upward (maybe!) trajectory
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.