BTC major accomplishments so far:
#1 BTC has made it's way out of the downward channel.
#2 BTC broke the 55 weekly ema (which has been resistance for some time now).
#3 BTC has held the 0.618 retracement (golden pocket) from 14k move down to low 3ks.
#4 BTC has broken a key resistance at $8500.
#5 Weekly MACD is crossing Bullish for the first time since mid august!
#6 The weekly 55 ema is fanning underneath the 8,13,21 emas. Signaling that we are switching back into a bull trend.
we MUST hold the 50% $8,500 zone at all costs right now! Next we can target low to mid $9,000s!
#1 BTC has made it's way out of the downward channel.
#2 BTC broke the 55 weekly ema (which has been resistance for some time now).
#3 BTC has held the 0.618 retracement (golden pocket) from 14k move down to low 3ks.
#4 BTC has broken a key resistance at $8500.
#5 Weekly MACD is crossing Bullish for the first time since mid august!
#6 The weekly 55 ema is fanning underneath the 8,13,21 emas. Signaling that we are switching back into a bull trend.
we MUST hold the 50% $8,500 zone at all costs right now! Next we can target low to mid $9,000s!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.