Goodnight traders,
Hope you had a better week than Bitcoin ;) When is Bitcoin Becoming Bullish?
After some TA work, in my opinion we can only call Bitcoin bullish once we break the 10k Resistance.. After that i see some strong bullish movement, but when are we breaking 10k?
For now our friend BTC is still bearish short term, and its not safe to go long at the moment. For now i have a small trade for you!!
We are looking at the 4hr BTC chart, and we can see price is forming a pennant. If you want to make a small profit, buy if we breakout upwards and sell on green zone.
If we break down we will see the 7800 mark 90% sure. If this are doesnt hold we can easily see 6450 zone around the end of the month, and im sure if we go back to that area we will have some big explosion on the upside!
I decided to put the nearest big support and resistance area on the chart so you can small trade if you want :)
If you like my post feel free to like or follow me!
I will update this trade soon! Good LUCK!
Mr.TTT
Hope you had a better week than Bitcoin ;) When is Bitcoin Becoming Bullish?
After some TA work, in my opinion we can only call Bitcoin bullish once we break the 10k Resistance.. After that i see some strong bullish movement, but when are we breaking 10k?
For now our friend BTC is still bearish short term, and its not safe to go long at the moment. For now i have a small trade for you!!
We are looking at the 4hr BTC chart, and we can see price is forming a pennant. If you want to make a small profit, buy if we breakout upwards and sell on green zone.
If we break down we will see the 7800 mark 90% sure. If this are doesnt hold we can easily see 6450 zone around the end of the month, and im sure if we go back to that area we will have some big explosion on the upside!
I decided to put the nearest big support and resistance area on the chart so you can small trade if you want :)
If you like my post feel free to like or follow me!
I will update this trade soon! Good LUCK!
Mr.TTT
Next support is on the 7800$