BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to $57k.
If we fail to hold the dashed white line, things could get ugly.
- Sultan of Chart
If we fail to hold the dashed white line, things could get ugly.
- Sultan of Chart
Comment:
Strong bounce on good volume, as predicted. It has moved a lot faster than we expected, but who's complaining? Wouldn't be surprised to see us slow down before breaking the 0.618 fib line but staying long
Trade closed: target reached
Never let the fear of striking out get in your way.
- Sultan of Chart
- Sultan of Chart