BTC had a very good bounce and momentum into pushing lower time frames into reversing.
Looking for daily to close above $9,000, with short term bounce being $11,000 and a proper breakout from that to a new bullish cycle.
RSI is currently turning around, and we have multiple buy signals on hourly time frames.
Currently looking to long any local retraces in into the $9,000 - $8,800 zone
Market : Bounce
Trend : Reversing
Current Play : Long position on established supports
Looking for daily to close above $9,000, with short term bounce being $11,000 and a proper breakout from that to a new bullish cycle.
RSI is currently turning around, and we have multiple buy signals on hourly time frames.
Currently looking to long any local retraces in into the $9,000 - $8,800 zone
Market : Bounce
Trend : Reversing
Current Play : Long position on established supports
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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.