BITCOIN ANALYSIS DAILY TIMEFRAME
We can see on the daily timeframe that Bitcoin has broken out of a descending triangle pattern. It has reached my S/R level shaded in green.
Wait for a strong signal either to the downside or upside from this key area to make a decision. If there is no signal do NOT enter. Be patient and wait for opportunities.
Overall I am still bullish on Bitcoin long term.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: forexshinobi.com
Wait for a strong signal either to the downside or upside from this key area to make a decision. If there is no signal do NOT enter. Be patient and wait for opportunities.
Overall I am still bullish on Bitcoin long term.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: forexshinobi.com
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.