BitcoinLong
Bitcoin- 6 week trading channel holding.
Based primarily on 6 week trading channel that has been very obvious few weeks, fractals/patterns give no reason to think this bull trend is over. Feel good in a long to 11000.
If we fail first target zone at 11K over next 4-5 day type thing then re-evaluate. Sideways does not mean it is done but if we do dip below 9400 would be concerning and have to regroup.
Long at 9900- stop 9700 - moderate leverage.
If we fail first target zone at 11K over next 4-5 day type thing then re-evaluate. Sideways does not mean it is done but if we do dip below 9400 would be concerning and have to regroup.
Long at 9900- stop 9700 - moderate leverage.
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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.