BTCUSD has broken out of its large falling wedge to the upside and has completed it BULLISH DIVERGENCE "on the DAILY"...as I stated was in play a couple wks back. My target out of this larger wedge will be $48K. My targets of $33k-34k has been reached from the smaller wedge formation. BTCUSD could test the levels of $51k-$57k but will come as strong resistance. I do believe the next "MAJOR" levels to keep eyes on will be 87K-$110k RIGHT AFTER BTCUSD BREAKS thru $57k!!! Move out Bears! A horde of bulls are inbound :-) Note: Data doesn't lie..just check my other ideas :)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Note
Did I forget to mention this major level of resistance on the RSI? The BULLS DESTROYED THAT BARRICADE LIKE IT WAS NOTHING!!! LOL...
Trade closed: target reached
Target of 48K has been reached...position is close.
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.
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.