TradingView
deong93
Jul 4, 2019 5:48 AM

breakout expected soon Short

Bitcoin / U.S. dollarBitstamp

Description

Breakout can be expected any time now with initial target of 11 000 - 11 200, and then a slight bounce to create another lower high around 11800 - 1200. Then a larger correction to create another lower low with targets at 9000 - 8500

Comment

initial target of 11 000 hit and a possible bounce now back to the breakout point at approx 11 800, where we can expect a turn down again to test the current low of 9614 over time. However, a break above 12 061 will take out the lower high and we will need to change our short term bias to bullish.
Comments
HuPan
good idea! thanks for sharing.
Bullandbeartrading
I see hard work in this post. Keep it up, @deong93
More