alaei

Bitcoin gets ready for higher goals as 1H chart shows

Long
alaei Updated   
BITSTAMP:BTCUSD   Bitcoin
After breaking previous top at 34800, now BTCUSD is stabilizing above the static pink line.
This fact, plus the current seemingly continuing bullish movements, suggests that it can reach to higher levels, possibly near the top line of indicated channel (~37800).

Please always take into account all risks and do your analysis before any decision.
Comment:
As expected, it is going upward, trying to hit the upper line; Thanks to the supports in the midline of the channel.
Still keeping the long position. Let's wait and see...
Trade closed: target reached:
Target reached exactly on 37800!
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.