Hello Traders!
This could be the last time that bitcoin is under 10k. What do you think? Will bitcoin break to the upside or do we need a healthy correction first? Let me know in the comments!
Now to the chart.
We can see here a strong daily demand zone. The zone is not fresh anymore but it is still very strong.
Bitcoin is a still in an uptrend as it creates higher lows.Therefore i am still bullish on bitcoin. There is actually no bearish sign to be bearish.
I will wait now for the break of the mother bar or a false inside bar breakout pattern.
Wait for one of those 2 possible entry confirmations to confirm an entry.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦
This could be the last time that bitcoin is under 10k. What do you think? Will bitcoin break to the upside or do we need a healthy correction first? Let me know in the comments!
Now to the chart.
We can see here a strong daily demand zone. The zone is not fresh anymore but it is still very strong.
Bitcoin is a still in an uptrend as it creates higher lows.Therefore i am still bullish on bitcoin. There is actually no bearish sign to be bearish.
I will wait now for the break of the mother bar or a false inside bar breakout pattern.
Wait for one of those 2 possible entry confirmations to confirm an entry.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦