- MY OPINION:
Bullish from 11 504.60 USD
-OBJECTIFS
11 846.90 USD (+0.66%)
12 330.20 USD (+4.77%)
The uptrend is currently very strong on Bitcoin - BTC / USD. As long as the price stays above the support at 11 504.60 USD, we could seek to enjoy the flight. The primary bullish target is at 11,846.90 USD. The upward momentum would be revived by a break in this resistance. Buyers would then aim for the next resistance at $ 12,330.20. His crossing would then allow buyers to target $ 12,932.90 USD. Beware, given the strong rally in progress, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be more risky. It seems more appropriate to wait for a signal of recovery of the trend.
Bullish from 11 504.60 USD
-OBJECTIFS
11 846.90 USD (+0.66%)
12 330.20 USD (+4.77%)
The uptrend is currently very strong on Bitcoin - BTC / USD. As long as the price stays above the support at 11 504.60 USD, we could seek to enjoy the flight. The primary bullish target is at 11,846.90 USD. The upward momentum would be revived by a break in this resistance. Buyers would then aim for the next resistance at $ 12,330.20. His crossing would then allow buyers to target $ 12,932.90 USD. Beware, given the strong rally in progress, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be more risky. It seems more appropriate to wait for a signal of recovery of the trend.