Bitcoin is still holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last potential top at 28592 as in image above. As of now,Bitcoin is retracing quite abit. We will wait and see if the top gets confirmed. For now,we have trailed our stop to almost break even. As per our previous post, here are the trade order details.
Trade order details: BTCUSD(Long)
E - 26086 SL - 24919 T - 29045 TSL at 25976
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
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