Get started
lucian136

BTC pump to 55000USD

Long
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
lucian136 Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT btcusdlong btclong
1
0
trendanalysis chartpattern indicator btc btcusd btcusdt btcusdlong btclong
Bitcoin has dumped as per previous analysis to 42000USD
This point is the 1:1 extension completed. As long as 42000USD hold on higher timeframe. There is still a chance for the bull market to continue.
Stop loss below this level is recommended.
Comment:
Comment:
On the 4H - we have RSI breaking the symmetrical triangle.
The price going side ways at the moment in the accumulation stage.
On the 30mins - the price is moving sideways and we need to break 45800USD to fully confirm the bull trend.
Trade closed: stop reached
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.