BTCUSD
is currently inside its bullish channel. My target is $51k still the same as my previous outlook. RSI is showing exhaustion on the daily chart but i still expect it to hit the upper channel trendline first before a pullback. It is a one last push before a relief pullback.
Hopefully when the price of Bitcoin drops, Ethereum and the rest of altcoin will still rise. That signals altseason because the money flows from bitcoin to altcoin.
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
Stop loss reached.
The short consolidation ends with a bearish continuation. Long term is still bullish but it's better to wait until weekly closing. in the meantime, let's find a good entry possibility for next week.
The short consolidation ends with a bearish continuation. Long term is still bullish but it's better to wait until weekly closing. in the meantime, let's find a good entry possibility for next week.
There is a bullish divergence in daily chart, you can see it in the neutral level of RSI (around 50).
SL: Below $41,482.