Bitcoin: Bullish Signal and 11000 as Target for Buyers
Market situations can be changed very quickly in any market. When we talk about crypto, sometimes unpredictable and far from logic movements are the part of the reality.
Yesterday I wrote about a possible reversal from 10 000.00 resistance and supported my idea by bearish signals from the chart and indicators. Today, we have a new situation just only because of a strong bullish candle. If the close price of the day is at the current levels, it will be a breakout and a bullish signal. The market will be able to continue the upward movement, and the nearest target for buyers will be at 11 000.00 resistance.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Yesterday I wrote about a possible reversal from 10 000.00 resistance and supported my idea by bearish signals from the chart and indicators. Today, we have a new situation just only because of a strong bullish candle. If the close price of the day is at the current levels, it will be a breakout and a bullish signal. The market will be able to continue the upward movement, and the nearest target for buyers will be at 11 000.00 resistance.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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