Bitcoin reversal candle stick pattern trend reversal or relief ?
Bitcoin ended 29th may trading day with bullish engulfing pattern , which closed inline with the down side of symmetrical-triangle
in very short term BTC expected to retrace to 7340-7400$ level , before bullish move start .
once price managed to close above 7560$ level , the bullish pattern will be activated and price expected to target 7750 then 8040 -8160 $ levels .
in very short term BTC expected to retrace to 7340-7400$ level , before bullish move start .
once price managed to close above 7560$ level , the bullish pattern will be activated and price expected to target 7750 then 8040 -8160 $ levels .
Comment:
as expected price reached first target 7750 , bullish view still active and we looking for 8000$ next