Current price for BTC is just brushing and rejecting the long term trend line. We expect a BTC breakout either upwards or downwards in the next 48 hours. Upwards targeting $4600 and downwards targeting $3650.
If BTC has a candle close above 4150 we can enter with a stoploss at 3950, targeting 4600/5000. If BTC breaks down past $3900 we will look at entries around $3600, confirmed with a strong reversal indicator. Expect the alt coin market to become especially volatile at this time.
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!
If BTC has a candle close above 4150 we can enter with a stoploss at 3950, targeting 4600/5000. If BTC breaks down past $3900 we will look at entries around $3600, confirmed with a strong reversal indicator. Expect the alt coin market to become especially volatile at this time.
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!