Hey everyone
Today i show you my Bitcoin Daily Chart Analysis.
Bitcoin was in a big downtrend since a few months but a few days it broke out of a very strong resistance and now is at the resistance box. I expect Bitcoin to dump a little bit to retest the breakout and if this retest gets confirmed and holds i expect a pump to 50k area. I will long this retest on FTX.
Where will i enter the long trade?
- I will enter the Long Trade on the retest as you can see on the chart. It should be around 43k
What are my targets for this long?
- My targets are 46k, 48.5k, 50k, 52k
I hope you guys like my idea.
Today i show you my Bitcoin Daily Chart Analysis.
Bitcoin was in a big downtrend since a few months but a few days it broke out of a very strong resistance and now is at the resistance box. I expect Bitcoin to dump a little bit to retest the breakout and if this retest gets confirmed and holds i expect a pump to 50k area. I will long this retest on FTX.
Where will i enter the long trade?
- I will enter the Long Trade on the retest as you can see on the chart. It should be around 43k
What are my targets for this long?
- My targets are 46k, 48.5k, 50k, 52k
I hope you guys like my idea.