BTC long opportunity. Targets 31.4k
As we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee.
Why?
Strong hammer on 78.60% fib.
We already have a breakout from a long & strong consolidation from 27.7k to 28.8k.
What can go wrong?
Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
Why?
Strong hammer on 78.60% fib.
We already have a breakout from a long & strong consolidation from 27.7k to 28.8k.
What can go wrong?
Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
Note
If you already entered on a hammer. Wait for the retest or book on a new high.
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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.
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.