viacheslavkostenko

Long to 8400 stop 7180

Long
BITMEX:XBTUSD.P   Bitcoin
Bitcoin gave a twist on a smaller scale, called "false breakdown", and this action was carried out on the EMA-200, which survived.

Well, this is a very positive moment for the bulls and you can expect the market to grow to the upper boundary of the downward fractal channel (somewhere around 8400). First of all, you need to go through the "mirror level" at 8000.
The oscillator slowed down to decrease, and felt a certain bottom.

It is not yet clear whether this is the end of the correction, or a correction in the correction. Very similar to the adjacent scale of growth since May and the present correction. In any case, the first three were passed by the market and the probability of growth is very high.

Here you can buy with a stop under the bunk (7200 with a head is enough).
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.