Hello traders,
Bitcoin is setting up for a both sided, if you interested in sell then you just need to wait for price to break the 50 simple moving average and also the 26940 level with the candle body not wick and if you interested in buy and you have your own reasons to buy bitcoin you just need confirmation then simply look for price to breakout the white wedge and also 30020 level after that you can buy bitcoin according to your own trading system or strategy.
I am currently just waiting for price to break from any side, until that time there is no trade opportunity on bitcoin it is just ranging around 26000 to 30000 levels.
Bitcoin day traders are well know that they can trade bitcoin on short-term time frame in ranging market.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
Bitcoin is setting up for a both sided, if you interested in sell then you just need to wait for price to break the 50 simple moving average and also the 26940 level with the candle body not wick and if you interested in buy and you have your own reasons to buy bitcoin you just need confirmation then simply look for price to breakout the white wedge and also 30020 level after that you can buy bitcoin according to your own trading system or strategy.
I am currently just waiting for price to break from any side, until that time there is no trade opportunity on bitcoin it is just ranging around 26000 to 30000 levels.
Bitcoin day traders are well know that they can trade bitcoin on short-term time frame in ranging market.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
