BTC Bullish set-up Long Term scenario
If BTC continues moving upward and holds support at 7232 this will be possible 1st higher low for BTC.
Resistance area at 7434 - 7753 BTC once reject at 7714 for a double top rejection then pull back at 7535 possible making another support and 2nd higher low to retest again the purple line at 8116 region.
This is not financial advice only my opinion and ideas about the market anything can change so do your research, study and understand about the market
Be safe and enjoy!
If BTC continues moving upward and holds support at 7232 this will be possible 1st higher low for BTC.
Resistance area at 7434 - 7753 BTC once reject at 7714 for a double top rejection then pull back at 7535 possible making another support and 2nd higher low to retest again the purple line at 8116 region.
This is not financial advice only my opinion and ideas about the market anything can change so do your research, study and understand about the market
Be safe and enjoy!
Comment:
confimed double top rejection
Trade closed: target reached