I think Bitcoin will move up because of 2 formations:
1. Key level, price bounced several times from it and daily candle closes above $3787.
2. Head & Shoulders formations.
Open Buy $3860 - $3960.
T/P: $4900
S/L: $3650
1. Key level, price bounced several times from it and daily candle closes above $3787.
2. Head & Shoulders formations.
Open Buy $3860 - $3960.
T/P: $4900
S/L: $3650
Note
On the daily chart, you can see that head & shoulders. Note
Risk/reward ratio is more then 1 to 3 Note
it is still good time to buy BTCNote
Note
situation still bullish Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.