BTC has seen a very decent bullish move over the last couple of days. However, as of today we got quite a pull-back after yesterday's 5% move.
As seen on the chart, the short-term uptrend is still intact as we are still above the dotted purple trend line. A successful bounce from here would definitely be bullish. Targets placed in blue. Be aware that $17.5k is a strong resistance, so trade accordingly. A candle close below the purple dotted line would be an invalidation of the signal.
As seen on the chart, the short-term uptrend is still intact as we are still above the dotted purple trend line. A successful bounce from here would definitely be bullish. Targets placed in blue. Be aware that $17.5k is a strong resistance, so trade accordingly. A candle close below the purple dotted line would be an invalidation of the signal.
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