3200 dollars is the greatest support ever existed, Currently, Bitcoin is trading near 8000 dollars and a breakout above 8k dollars can take BTC to 10k dollars which is major resistance. We need to break 10K dollars with high volume for bullish confirmation.
in this chart i define the BTC big breakout which happen soon in any side, i marked both side hieght how much it goes it breakout done, if price goes up we come in bull trend & if price goes done then we faced last downtrend with bottom.
Whoever longed after my call in xbtusd ,i think he will be very happy...Cheers.
I think the pump is over now.
So next step is to short.
Lets chase the target 2.
I am not giving any financial advice.i am just publishing my idea.
As we can see in 1D chart we are clearly in a Symmetric triangle.
Its target on the upside is 5700 $ (less likely),
and on the downside is 2550$ .
Now , lets us analyse the current situation,
we can see in 4H chart we had a whooping 350$ - 400$ pump
after breaking the falling wedge.
It wants to test the 3800$ resistance (more precisely 3789$)
but the bulls look...