BITCOIN - BTC/USD - 15 min. Technical analysis published 12/12
My opinion
Bullish above 98,537.51 USD
My targets
102,534.81 USD (+1.07%)
103,995.11 USD (+2.51%)
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 98,537.51 USD. The buyers' bullish objective is set at 102,534.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 103,995.11 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Bullish above 98,537.51 USD
My targets
102,534.81 USD (+1.07%)
103,995.11 USD (+2.51%)
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USD as long as the price remains well above 98,537.51 USD. The buyers' bullish objective is set at 102,534.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 103,995.11 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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