Technical Analysis DayTradeIdeas

Technical Analysis DayTradeIdeas

21 August

Video analysis: 

Bitcoin hit hugely important longer term Fibonacci, trend line & moving average support at 58000, back in late June.
Since then I have been waiting for the longer term bull trend to resume.

Finally after building an inverse head & shoulders base, Bitcoin has resumed the bull trend.

We have beaten the 23.6% Fibonacci level of 73929 for another buy signal & are expected to target 77800/77900 then 82000/83000.

But eventually I expect Bitcoin to retest the all time high at 126000.

Daily technical analysis & precision signals from a 40 year trading veteran at
https://www.daytradeideas.co.uk/

Join my free telegram group for analysis and signals.

https://t.me/daytradeideas

Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.

Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk

Jason Sen, Director

https://www.daytradeideas.co.uk

20260821