Wednesday, April 22, 2020

BITCOIN BREAKOUT ANALYSIS

Breakout to an upside !!!
We have a double bottom formation that is likely to break to an upside very soon.

It is possible to retest the level of 6768, but not necessary
If we retest the levels of 6768 it is important not to close below it and then we have confirmed double bottom then the scenario on the presented picture is still valid and you should buy !

Just in case put a tight stop lose if market rapidly goes to a 6768 levels and close below, in that case we are going lower

Disclaimer and Risk Warning

Crypto Market analysis and prediction by VUman.This is my personal view of the Cryptocurrency and technical analysis. The information provided on this website does not constitute investment, financial nor trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions