Adam_Polinak

BTCUSD Healthy Retracement, Consolidating After Failed Rally

COINBASE:BTCUSD   Bitcoin
If we hold 7450 (about) we should be good to head further up again. Nice healthy retracement thus far imo. Could be resetting for another try at a major breakout. Let's remember we have seen a parabolic rise from 3200 so it almost tripled. See the linked ideas below for more information on major support lines, etc. Happy trading!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.