BITCOIN - Bullish on the 1hr

5 thg 4, 2018

Following the selloff in BITCOIN #BTC/USD yesterday, the pair has begun trading strongly today, after added confluence and finding traders willing to lift the offers after the pair found support at a key horizontal support level which was a 4hour triple bottom, the pair set up nicely in terms of price action to complete a bullish flag continuation pattern on the 1hour timeframe. With key existing SUPPORT & NEW resistance levels above, it will be interesting to watch how Bitcoin reacts to these zonal areas in the coming trading day(s).

23 thg 4, 2018

Ghi chú

Bitcoin continues to remain Bullish, I'd like to see an upside break of $8200 for further upside for a target and eyes on a complete break of $8800/$9000 for Bullish continuation. We are currently ranging within a wedge / equidistant channel, support at $7840