wallet_trading

Bitcoin is showing upside potential after huge dump!

Long
BITFINEX:BTCUSD   Bitcoin
Good Morning :)
So BTC has formed nicely closed candles on the daily chart. The last 4 to 5 candles are showing strength and we could see a bullish breakout and i also see the fibonacci lines as a resistance.

Keep in mind, i will wait for a breakout. Always use a stop. Because we could see a 3 wave of an ABC correction also.
Altcoins will rise until BTC breaks out. We see hopium here!

-----

I hope you like my work.
Follow me for daily updates

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.