TradingView
jonathonsnell23
Aug 10, 2020 6:11 AM

Launch Pad If We Break $12,130 Long

Bitcoin / US Dollar IndexBitMEX

Description

I have closed my swing longs from $11,750 at $12,040 and before starting another long swing position I'm awaiting a 1 HR Close above $12,130 where I have a minimum bull target of $12,600 but IMO $14,000 could eventually be in the cards. I'm bullish in this current ST Trend until $11,500 breaks and even then I'm not expecting a correction below the $10,500-$10,600 support as in my opinion a drop below 10k would be a huge blow to our current bullish sentiment and could have lasting/larger effects depending on future economic/global news, Thank You For Your Time
More