the_sunship

BTC weekend jam

the_sunship Updated   
COINBASE:BTCUSD   Bitcoin
Choppy this weekend, up likely first and then one more lower into next week to flush longs, then a larger rally into mid -late July.
Comment:
30minute channel to watch. Break above is bullish. It may not make a lower low, but I'm expecting it.
Comment:
Target area reached, over and hold is bullish but if it rejects it may make that lower low as noted above.
Comment:
Reaction there, so that line is important to the market. Needs to get over and hold after futures open for it to stay bullish.
Comment:
Broke out above, any test of the upper line again (if it happens) should be a good long trade setup.

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.