Introduction to Trade Step-up:
Bitcoin essentially saw its value to almost half in just a month. Now price has been trading in a short-term bullish channel ever since.
Trade Step-ups:
Bullish Reversal: Price rejects a breakout from final support of the bullish channel. Profit levels to look for are 4400.00 & 4600.00 respectively.
Bearish Breakout: Price breaks final support of the trend, look for consolidation below 3900.
Bitcoin essentially saw its value to almost half in just a month. Now price has been trading in a short-term bullish channel ever since.
Trade Step-ups:
Bullish Reversal: Price rejects a breakout from final support of the bullish channel. Profit levels to look for are 4400.00 & 4600.00 respectively.
Bearish Breakout: Price breaks final support of the trend, look for consolidation below 3900.
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.