ashainp

BTCUSD ready for a big move

Long
ashainp Updated   
BITBAY:BTCUSD   None
Tight consolidation: Accumulation or distribution?

Trending between lower daily level and upper weekly level.
Staying in the range to breakout sideways.

Weekly level exhaustion: Breakout higher more likely.

1st target= $10,400 level
Comment:
Bitcoin broke out and is at 11,100 right now.
Consistent close above 10,800 and BTCUSD could run upto $12,000

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.