Bitcoin is still bullish leading the support line!!!
Hello, at the morning today, I comments on the publication of yesterday of the par AUD/JPY to buy Bitcoin and Ethereum, Just now, we are in profit!!!
So, we continue following the support trend line, it's a key that Bitcoin is still it.
In H4 timeframe the trend is bullish, but we need to be cautelous the $11,100 USD key, because that is a possible reversal of the trend if we applied the price action strategy of any bearish candlestick that appear it on the $11,000 USD so soon as we are enter it.
But, in general, in H4 the trend is bullish, there's not problem that the trend is go to bear!!!
I speak of this timeframe, becuase, our possible target could be the $12,100 USD, because we are in formation of cup and handle!!! That is a bullish pattern. So, if you want to learn about it, I suggested you to link down my related idea.
Tonight, I will going to updated the Ethereum as we are in profit, if you entry in the $380 USD, you're in profit, I'm in profit right now on Bitcoin and crypto.
So, in summary my exactly target it's $12,100 USD and we hope a bullish movement, but in cases that the trend not pass the $11,100 USD and go to make a bearish candlestick, we will need to stay alert on the possible change of trend, if that case is another probability, I'm not say that occur, but still cautelous to knowing and be prepared for our perspective of what the market do. But, yes, I believe that Bitcoin is go back to the $12k in short term.
And guys, congraluations if you were patient, because as in the past analysis Bitcoin could be in the ascendent triangle, that not be bad, but the more impotant for the trader is our ingrediente called patience.
Don't missing Ethereum analysis tonight!!! And why not Litecoin too!!!
So, we continue following the support trend line, it's a key that Bitcoin is still it.
In H4 timeframe the trend is bullish, but we need to be cautelous the $11,100 USD key, because that is a possible reversal of the trend if we applied the price action strategy of any bearish candlestick that appear it on the $11,000 USD so soon as we are enter it.
But, in general, in H4 the trend is bullish, there's not problem that the trend is go to bear!!!
I speak of this timeframe, becuase, our possible target could be the $12,100 USD, because we are in formation of cup and handle!!! That is a bullish pattern. So, if you want to learn about it, I suggested you to link down my related idea.
Tonight, I will going to updated the Ethereum as we are in profit, if you entry in the $380 USD, you're in profit, I'm in profit right now on Bitcoin and crypto.
So, in summary my exactly target it's $12,100 USD and we hope a bullish movement, but in cases that the trend not pass the $11,100 USD and go to make a bearish candlestick, we will need to stay alert on the possible change of trend, if that case is another probability, I'm not say that occur, but still cautelous to knowing and be prepared for our perspective of what the market do. But, yes, I believe that Bitcoin is go back to the $12k in short term.
And guys, congraluations if you were patient, because as in the past analysis Bitcoin could be in the ascendent triangle, that not be bad, but the more impotant for the trader is our ingrediente called patience.
Don't missing Ethereum analysis tonight!!! And why not Litecoin too!!!
