BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to 57k.
If we fail to hold the dashed white line, things could get ugly.
- Sultan of Chart
Note
Strong bounce on good volume, as predicted. It has moved a lot faster than we expected, but who's complaining? Wouldn't be surprised to see us slow down before breaking the 0.618 fib line but staying long
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- Sultan of Chart
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.