Greetings dear traders, have a nice day
Yesterday and today there was low volatility on Bitcoin which may again change the end of the weekend and the beginning of the new week in the Asian session when we see crucial short-term moves and trend setting lately
Interesting on the chart for me at the moment is only one level $16945 where the short term will be decided, I would like to open short to $16500 to $16400 on a close below and there a continuation of the uptrend that is giving us the current sentiment would be much more logical
Yesterday and today there was low volatility on Bitcoin which may again change the end of the weekend and the beginning of the new week in the Asian session when we see crucial short-term moves and trend setting lately
Interesting on the chart for me at the moment is only one level $16945 where the short term will be decided, I would like to open short to $16500 to $16400 on a close below and there a continuation of the uptrend that is giving us the current sentiment would be much more logical
Comment:
This week will be very volatile I expect an uptrend in December
Trade closed: target reached:
Analysis nicely done Bitcoin has bounced off the price marked in the chart at $16945 and hits mentioned target about $17600