daytraderstrategy

Is this the last move upward? before a big cool down?

OKCOIN:BTCUSD   Bitcoin
Summary and potential trade setup
>> BTCUSD Deep Analysis & Targets

After a massive move towards 2017 highs,
Bitcoin has been raging to hit higher targets,

By looking at the trend it seems we still have a move upside,
before hitting the all-time resistance zone.

expecting pullback/correction from 20K,
for a sweet required cool down for the market.
For Longs
TP >> 19 000 USD
For Shorts
TP >> 14 000 USD / 12 000 USD

For buying more should wait and accumulate near 12 000 and 14 000.

For long term traders >>
Possible target for 2021 is 25 0000 - 30 000 USD .

Let me know what do you think?

Cheers,
Happy Trading!
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.