Just Correction or Bearish Market?
On the 4H bitcoin candle the market price is below the trand line but we are still waiting for confirmation on the daily closing candle, the choice is simple:
if the daily candle closes above the trendline and passes 123 million we still get a bullish signal and the next target is 132 million.
But if the daily candle closes below the trendline and moves down to 110 million, we get the signal heading 102 million and 95 million.
What do you think, give me a comment!
Disclaimer!
This post does not provide financial advice. It is for discussion purposes only! You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
On the 4H bitcoin candle the market price is below the trand line but we are still waiting for confirmation on the daily closing candle, the choice is simple:
if the daily candle closes above the trendline and passes 123 million we still get a bullish signal and the next target is 132 million.
But if the daily candle closes below the trendline and moves down to 110 million, we get the signal heading 102 million and 95 million.
What do you think, give me a comment!
Disclaimer!
This post does not provide financial advice. It is for discussion purposes only! You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.