abhish_analysis

BTCUSD :At the End of Higher Swing

Short
abhish_analysis Updated   
COINBASE:BTCUSD   Bitcoin
BTCUSD is strongly bullish, signaled to end of higher high swing, at possible resistance level. It could retrace upto Trend line mentioned on chart, breakout of test of trend line lead the Ultimate target(14k) of setup.
First target from short signal is Ema20 position from Resistance level, so it is dynamic target.
Comment:
Near Resistance level.
Trade active:
Touched First Target up to Ema line and Second target 16k, it was climatic fall. Hope to see the Ultimate target of 14k.
Comment:
Clear break of trend line and breakout test could be short position for long run. Look for every short position.
Comment:
Breakout test of trend line happened.
Comment:
Possibly to touch the $16k target in this bearish move.

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