GEIAH

BTC made the reversal

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon,

Like i mentioned in my previous idea, btc did made the reversal and it happend with less resistance then expacted.

Now we broke range high and it looks like it is forming support, as long as we hold that, we will see btc in the 48k region.
Lets see what happens there, if we can spot a reversal and a retest of the 200 ema on the 4hr. I wont be selling.

If it keeps following his trend we wil see btc without difficulties trading at 59k at the end of august.

This is not financial advise.
Trade safe
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.