Update from last post:
Trend line fully broken as btc consolidates at 8k. The bull flag I was hoping for is forming just north of the area previously outlined (no adjustments made) Look for breakout before confirmation. Upside target between 9200 & 9400 with downside major support at 6800. We retouched the path to 100k before quickly retracing just as before. I fully expect this path to continue acting as major resistance throughout this cycle.
Disclaimer: I am a BTC Holder and do not actively trade.
**TA is based on limited experience and this account is for learning/practicing***
Trend line fully broken as btc consolidates at 8k. The bull flag I was hoping for is forming just north of the area previously outlined (no adjustments made) Look for breakout before confirmation. Upside target between 9200 & 9400 with downside major support at 6800. We retouched the path to 100k before quickly retracing just as before. I fully expect this path to continue acting as major resistance throughout this cycle.
Disclaimer: I am a BTC Holder and do not actively trade.
**TA is based on limited experience and this account is for learning/practicing***
Trade fermée: cible de profit atteinte
Note
Trade is not closed. Long till 14-15kNote
BTC 4.44% pushed it's way to the top of the target zone and kissed the 9400 mark before bouncing back. Major support at 8900. I expect a few retests of 9400 before breaking upwards and meeting resistance between 9750/9900
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.