Technical crypto analysis based on breakout – You can place a pending Buy limit order at $8,349.11

BTC –

You can place a pending Buy limit order at $8,349.11

Technical Observation

BTC is currently trading with an increasing bullish momentum. Yesterday, I went short around $8049.11, however, earlier today, my stop was taken out when the price went above $8,146.00. This is a possible increasing in the number of buyers and while the price remains above $8,04911, I expect a surge to the upper side. My hourly targets are $8,307.01, $8,364.70, $9,542.00 and $11,124.00. If these lines are breached to the upper side with a big green candle then I’ll expect a momentum towards $13,0000.00.

Trade Signal.

You can place a pending Buy limit order at $8,349.11 towards $8,302.01.

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