Bitcoin broke out baerishly of the small uptrend it created recently, to test 40k once more as support.
So far it's holding on for dear life but again only lower highs, the argument of bitcoin holding 40k gets weaker and weaker.
If we break 40k to the downside, 38k is the next target and if that cant be hold, we test the january lows again, and might go for a type 2 return of that harmonic, what actually would make up for a great spot to buy bitcoin.
Proceed with caution at the moment, with the situation in ukraine, we can't be aggressive in this markets,
there are times to make money and there are times not to lose money.
Good luck on your trading!
So far it's holding on for dear life but again only lower highs, the argument of bitcoin holding 40k gets weaker and weaker.
If we break 40k to the downside, 38k is the next target and if that cant be hold, we test the january lows again, and might go for a type 2 return of that harmonic, what actually would make up for a great spot to buy bitcoin.
Proceed with caution at the moment, with the situation in ukraine, we can't be aggressive in this markets,
there are times to make money and there are times not to lose money.
Good luck on your trading!
Hallo und herzlich Willkommen bei 10xTrading -
Dein Kanal, rund ums Thema Charttechnik !
Dein Kanal, rund ums Thema Charttechnik !