vikreffo

Triangle bottom is crossed, Bitcoin going down to 29390

Short
BITSTAMP:BTCUSD   Bitcoin
Hi all! It's me again

Today it's a day-to-day idea on Bitcoin. Or even better to say an hour to hour :)

Bitcoin just passed the bottom purple triangle line (from 29K to 30.2K)
It's a first strong signal it would go deeper

Where is it going? At least to 29390 - bottom support level formed 12 hours ago (red dotted line)

Second signal: yellow triangle where the bottom line is passed too (which goes through 30200 too)

So I'm going with 29390 in the next few hours

Would appreciate your feedback if this trading idea is useful for you!

Have a great trading day!

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.