Hello, very interesting bitcoin situation. The price was able to break through the strong level of 7427 on the volume. Now the price is fixing above the level. I am considering a long position. The first target is level 8000, the next level is 9000. Good trading to all
I personally think this is a fake out. And I've sold BTC this morning. There's strong divergence on the 4hr chart. My stops are around the 7800 mark.
Good luck
Evgeniy2108
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@geoff6203, thank you for comment, there is a sales zone ahead (8050-7770), if there will be resumption of sales I will seek sell entry point. But now I am watching weak resumption of sales, thats why i expect bitcoin up
sava67
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what are the next actions?
Oliaaa
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gooood!!!!
Buschan1991
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Good idea, but what will you do if the price goes down?
Evgeniy2108
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@Buschan1991,thank you, if the price goes down, then I will look for an entry point at the lower level of the channel. It will be good if there is a false breakdown. Target will be the upper level of channel 7500