PetrockFxTrading

BTCUSD - What to expect - Long to $60,000 or Short to $49,000

PetrockFxTrading Zaktualizowano   
BITSTAMP:BTCUSD   Bitcoin
As we can see, the market is in a downtrend. Price has been moving within the upper and the lower trendline. Price is currently at the resistance level.

Therefore, I expect a trendline upward breakout to $60,000. But if does not break the resistance line, I expect a pullback to $48,000.

The yellow lines are the major support and resistance level price may encounter when moving within it.

What do you think?

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Zlecenie aktywne:
Bitcoin moved as expected. Price broke out of the upper trendline. The market is currently in a pull back. Thereafter, we go long again. Tap the play button on the chart so see it too..
Transakcja zamknięta: osiągnięto wyznaczony cel:
Target reached!! Profit smashed!!🤑🤑

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