xrowfm

Short-term dip in BTCUSD as entry for long term bullish play

לונג
COINBASE:BTCUSD   ביטקוין
As BTCUSD broke below SMA50 on daily bars, I expect it to gain downward momentum and cover a majority of the distance that leads to EMA200. Some minor upward momentum is possible to hit the upper triangle line resistance, but I would expect a return to triangle support and an eventual break down that will offer a fresh opportunity to buy. A short-term target entry point to buy is located around 11,090 circa February 7/8th, but price action might allow for a lower and sooner entry. That entry should prove useful for a long term position (weeks/months) leading to fresh new highs above 20K.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.