TradingView
EF02
Dec 26, 2020 11:22 AM

Bitcoin Potential Long Opportunity on the 2H Timeframe  Long

Bitcoin / DollarBitfinex

Description

Bitcoin was constantly being stopped by a resistant line at and around 24k. It seems that as of yesterday price broke the resistance line and is preparing to make another move to the upside. I don't believe the move will happen immediately. It seems a move to the downside to test 24k as support is more likely. I have long orders prepared around the 24.1k and 24.2k with a target of 27k. Stoploss for this trade is 23.7k.
More