BitcoinUpdated Bitcoin - daily timeframe viewpoint
Hi everyone ,
We have seen some wild movements across the financial markets as expected!
Price action has been flowing as expected within current momentum. Current momentum is confirmed bearish on the daily and the monthly close will hold to be key!. If we create short term lower lows as stated , we should see 31-32K region. For bulls to take charge and shift short term momentum we do require a strong daily break above the 44K region before the buy target is achieved.
Trade safe,
Sunny
We have seen some wild movements across the financial markets as expected!
Price action has been flowing as expected within current momentum. Current momentum is confirmed bearish on the daily and the monthly close will hold to be key!. If we create short term lower lows as stated , we should see 31-32K region. For bulls to take charge and shift short term momentum we do require a strong daily break above the 44K region before the buy target is achieved.
Trade safe,
Sunny
Trade closed: target reached
Target acquired
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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.
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.