We have seen strong bullish momentum (at least in short and medium terms) and BTC is ready for a breakout.
We should wait for a breakout and a retest of this trendline before we go LONG on bitcoin.
Stay patient.
We should wait for a breakout and a retest of this trendline before we go LONG on bitcoin.
Stay patient.
Trade closed: target reached:
As expected, BTC broke the minor trend and jumped to 5000$.
BTC to 4800 makes a decent 15% raise.
Now we can expect a pullback, potentially back to 4200.
BTC to 4800 makes a decent 15% raise.
Now we can expect a pullback, potentially back to 4200.