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Signal_Centre1
Oct 9, 2020 12:40 PM

Bitcoin is about to retest $11.400 

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin

Broken out of the triangle to the upside
Bespoke resistance is located at 11400.
Short term bias is mildly bearish.
Daily momentum has stalled and our bias is now neutral. Early optimism is likely to lead to gains although extended attempts higher are expected to fail.

Resistance: 11050 / 11160 / 11300
Support: 10900 / 10800 / 10720

Signal Centre

Trade closed: target reached

Target hit!
Comments
lobfxempire
Good Analysis!
PolarHusk
Retest old support > new resistance. Thanks for sharing your idea 🐻‍❄️😃
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