Bitcoin already broke ascending triangle on a bit elevated volume. For a bigger move we would see more volume coming in.
I see WXY as a possibility.
Target @4040-4090.
*We have Daily 100EMA at 4040.
*Weekly fib resistance at 4090.
Also if you make a fib retracements 1.618 is my target based on recent behavior.
If you are LONG taking profits just above 4000 would be wise.
Shorting at @4050 (If given) is an option with TP 3764(for those not willing to wait)
Final TP - 3518.
Have a great day!
BTCUSD
I see WXY as a possibility.
Target @4040-4090.
*We have Daily 100EMA at 4040.
*Weekly fib resistance at 4090.
Also if you make a fib retracements 1.618 is my target based on recent behavior.
If you are LONG taking profits just above 4000 would be wise.
Shorting at @4050 (If given) is an option with TP 3764(for those not willing to wait)
Final TP - 3518.
Have a great day!
BTCUSD
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.
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.