Over the weekend, Bitcoin made a new ATH and broke above 60k figure
The bulls are tired though and look like they need refueling
The channel support line is broken now and a drop to 52k horizontal support is probable from my point of view
I will try short btcusd above 60k with a stop loss above 62k and 52k as a target
The bulls are tired though and look like they need refueling
The channel support line is broken now and a drop to 52k horizontal support is probable from my point of view
I will try short btcusd above 60k with a stop loss above 62k and 52k as a target
Note
A break of the flag could expose my 52k target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.