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Stargazer_fx
Feb 8, 2021 9:01 PM

BITCOIN in an Asc. channel, $50,000 this time after a pullback Long

Bitcoin / U.S. dollarBitstamp

Description

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BITCOIN
The price is following an ascending channel, after a pullback If price continues to hold above the structure, I expect the price to move higher towards next resistance structure.




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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

Comment

we can't enter in the Impulse we have to wait for a correction to enter, If price makes a correction/pullback and holds above the support, then I will look for buy otherwise I will stay away
Comments
KlejdiCuni
Excellent, totally agree!
loll2000
btc break up the channel there are any update ?
Stargazer_fx
@loll2000, we can't enter in the Impulse we have to wait for a correction to enter, If price makes a correction/pullback and holds above the support, then I will look for buy otherwise I will stay away
cryptotraderog
Would be a great buy if we retest 40-42K region, but not sure if we will go that low before hitting 50K lets see. Im looking for an entry:
SR7-Tradings
Broke the pattern !
VincePrince
good idea
DACapitalTrading
Thanks for sharing with us
SR7-Tradings
Totally agree with you

Dave-FX-Hunter
Good job mate
Stargazer_fx
@Dave-FX-Hunter, thanks mate
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