JICPT

JICPT| Strong holder zone works for BTC, what's next?

Long
JICPT Mis à jour   
BITFINEX:BTCUSD   Bitcoin
Hello everyone. The strong holder zone in my previous idea worked well for BTC. What's next for the crypto?

Let's recap why I marked the zone as strong holder. It's whole number of $40000 with long-term MA and flip structure. Now, the formation is even better, a bullish engulfing candle.

So I'm bullish on BTC for the short term. The level needs to be closely watched is $47000. If that level is firmly conquered, next target is $50000.

What do you think? This is a very quick and simple analysis. I didn't mention the big four players as I used to.

Give me a like if you're with me. Thanks for your support.
Commentaire:
Yep. I just omit to mention the big four players and central bank of China vowed to crack down crypto-related activities. That leaded to a over 8% drop today.

plan your trade and trade your plan
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.