We are going to be looking at just two signals from this Bitcoin CME Futures (BTC1!) chart, these are telling us that Bitcoin (BTCUSD) will jump and move above $8500... Let's take a look!
1) First, we the "V" bottom. As this pattern completes, a bullish breakout can lead to $8500+
2) Second, we have the now famous GAP, which can be filled on the bounce.
We also have MA200 sitting at $9105... Prices can easily re-test this resistance level... Wait for a new update on the BTCUSD pair on the daily timeframe for more.
Previous analysis
Change Of Direction? Bitcoin Aims At $6720 / $8260 Next
Thanks a lot for your continued support.
Namaste.
1) First, we the "V" bottom. As this pattern completes, a bullish breakout can lead to $8500+
2) Second, we have the now famous GAP, which can be filled on the bounce.
We also have MA200 sitting at $9105... Prices can easily re-test this resistance level... Wait for a new update on the BTCUSD pair on the daily timeframe for more.
Previous analysis
Change Of Direction? Bitcoin Aims At $6720 / $8260 Next
Thanks a lot for your continued support.
Namaste.
Note
🅱️ Will The Bitcoin CME Futures Gap Fill After The Drop?
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Related publications
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.