Hi,
BTC are in a likely upward channel where the 50% are holding well since few days (green TL in the chart)
As long as prices are above, i'm expecting to see higher prices up to $6400 which is the 0.618 retracement of the last mid-term bearish wave.
Maybe a huge bull trap above $5800 then rally down to $4400/4200 in order to retest last structure done in early 2019.
BTC are in a likely upward channel where the 50% are holding well since few days (green TL in the chart)
As long as prices are above, i'm expecting to see higher prices up to $6400 which is the 0.618 retracement of the last mid-term bearish wave.
Maybe a huge bull trap above $5800 then rally down to $4400/4200 in order to retest last structure done in early 2019.
Trade active
Comment:
$6400 short triggered
Trade closed: stop reached:
Too strong ;)
Price went up to 100% since the low.