Bitcoin breaking the wedge
Hello everyone. Thank you for considering reading my analysis. Let me remind you that this is my opinion as it may or may not happen.
It is likely after we broke out of the wedge, we could go to our next target of 60k. We may need to retest the 50k level in the next few days to confirm the trend.
On the bearish scenario, we may not bounce on the 50k level and could dip to go back to 40k.
I would say that I would not open a long position with high leverage.
Happy trading and good luck.
Cheers,
Juvar
It is likely after we broke out of the wedge, we could go to our next target of 60k. We may need to retest the 50k level in the next few days to confirm the trend.
On the bearish scenario, we may not bounce on the 50k level and could dip to go back to 40k.
I would say that I would not open a long position with high leverage.
Happy trading and good luck.
Cheers,
Juvar
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.
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.