BTC-HONDA

Bearish setup invalidated. Bullish continuation with no pullback

Lång
COINBASE:BTCUSD   Bitcoin
BTC broke up from it's last consolidation instead of down. The market has apparently been expecting a .25 rate as it pumped off the news. Unexpected but It tapped about the 24k level and has been hanging since. I believe I've been fighting the trend too much. I am now bullish to 25.7k from this broadening wedge structure on declining volume. If it breaks down, we can see 21k. But for now, I am bullish on it. The stock market has been performing far better than I have been anticipating which has given crypto a lot of steam to push higher. I'm really starting to lean towards 30k with how high the stock market has been pushing

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.