I would appreciate any opinion on this setup that I observed.
This has somewhat great sense, since the channel we have been moving in the last few months seems to be valid since, but now I have expanded its boundaries after we reached 42k.
Next potential target for the bulls is 50k.
The bearish target of the triangle that we broke down was 21k, and was not completed in full, we bounced back at 29000, off the boundary of the channel.
Let me know what you think.
Not financial advice, DYOR!
Cheers!
This has somewhat great sense, since the channel we have been moving in the last few months seems to be valid since, but now I have expanded its boundaries after we reached 42k.
Next potential target for the bulls is 50k.
The bearish target of the triangle that we broke down was 21k, and was not completed in full, we bounced back at 29000, off the boundary of the channel.
Let me know what you think.
Not financial advice, DYOR!
Cheers!
Trade active:
Playing out nicely, be careful now guys.
