BitcoinLong
BTC/USD Bitcoin long........its rolling
As we said in the last analysis, 3800 would be the optimal point to buy more longs.
This price region wasnt fully reached, looks like the bulls are in a hurry.
Anyway, the long position from entry 3500 is still acitve.
Stop loss for the rest of the position is now at 3810.
We expect a dynamic upwave, next target is 4120.
A break of 4120 generates further momentum head for 4400
A break of 3810 would be a bearish sign.
In this case we would expect a test of 3700.
A break of 3700 would likely start a move to 3500
This price region wasnt fully reached, looks like the bulls are in a hurry.
Anyway, the long position from entry 3500 is still acitve.
Stop loss for the rest of the position is now at 3810.
We expect a dynamic upwave, next target is 4120.
A break of 4120 generates further momentum head for 4400
A break of 3810 would be a bearish sign.
In this case we would expect a test of 3700.
A break of 3700 would likely start a move to 3500
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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.