Top of the Mornin'!
So we crossed the Bull Run Main Support.
I officially am a bear for bitcoin until we cross it back up.
Until then - Let's trade!
So here is my near-future suggestion - we touched bottom of the falling wedge again - so now the price will bounce up to the top of the wedge - bullish divergence spotted also confirms that move.
Then we see if we cross the line - if so - then 47,5 will be retested - if the bears get stronger - down we go.
TP 1 - 43,5k
TP 2 (if we cross 43,5) - 47,5k
Also for the bears:
- suggesting to place a Sell Limit Order at 43,4 with SL at 43,8 to catch a good position for the bounce down.
My main Bear Target is 28,5k, unless we cross up - which I will update you with if it happens.
Good luck!
So we crossed the Bull Run Main Support.
I officially am a bear for bitcoin until we cross it back up.
Until then - Let's trade!
So here is my near-future suggestion - we touched bottom of the falling wedge again - so now the price will bounce up to the top of the wedge - bullish divergence spotted also confirms that move.
Then we see if we cross the line - if so - then 47,5 will be retested - if the bears get stronger - down we go.
TP 1 - 43,5k
TP 2 (if we cross 43,5) - 47,5k
Also for the bears:
- suggesting to place a Sell Limit Order at 43,4 with SL at 43,8 to catch a good position for the bounce down.
My main Bear Target is 28,5k, unless we cross up - which I will update you with if it happens.
Good luck!