BITBAY:BTCUSD   Bitcoin / U.S. Dollar
Hi everyone! I’m new here!
Now regarding the chart;
Well, we can see here that the 10.4k target is very important, as observed before, on larger timeframe, it has been touched before twice but with rejection in both instances.. you might think the same will happen again, but as illustrated on my chart, this would be the third time and seems to confirm a large double bottom , if that’s the case we could break the target and maintain a bullish trend with a large breakout to the upside.

Thank you all! And great trading!

Comments

Its going to break the level, or pullback. Either way there will be volatility around this level. Will be interesting. Thanks for sharing.
+1 Reply
Yes absolutely! Thank you for the reply!
Reply
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