BTC had a nice parabolic run
it can continue if bulls manage to break the previous HH
Otherwise i'm afraid we'll drop back to the third base
(which is between 5000/5500$)
The key point is now around 9300$
so the entry for the short will be good below it (9250$ is great)
Around 8800/7500$ we will probably have some consolidation
have stop-losses for your trade.
FOR THE BULLS :
HIGH PROBABILITY THAT THIS DOWNTREND WAS JUST A SHAKEOUT
And if this IHS is in play we'll might jump for a new high !!
zone : support @9850$ , resistance @10400 @10800 @11200
Targeting first 12500 then 13500 then a new high around 18000$
it can continue if bulls manage to break the previous HH
Otherwise i'm afraid we'll drop back to the third base
(which is between 5000/5500$)
The key point is now around 9300$
so the entry for the short will be good below it (9250$ is great)
Around 8800/7500$ we will probably have some consolidation
have stop-losses for your trade.
FOR THE BULLS :
HIGH PROBABILITY THAT THIS DOWNTREND WAS JUST A SHAKEOUT
And if this IHS is in play we'll might jump for a new high !!
zone : support @9850$ , resistance @10400 @10800 @11200
Targeting first 12500 then 13500 then a new high around 18000$
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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.