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BTC/USD bullish euphoria
Bitcoin
Long
BTC/USD bullish euphoria
By ferdybitcoin
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Mar 5, 2021
2
Mar 5, 2021
Here is a dose of my idea that may give you elation, and I will Keep it super simple.
We have a potential support at 45k. The only key level of support on multi TF is the
42K
zone (the yellow line).
...but there is an 80% probability we wil won't break down 45k zone! Yes and I mean it.
If we do, which I highly doubt we'd, we may want to test that
42K
zone and then a huge upward rally to a new ATH will befall us.
MA is currently in bearish cross mode, but RSI is still printing a bullish divergence.
I'm looking forward to trading either the bounce from 45k or breakdown from 45k pitchfork P3 line.
Keep an eye on it and stay tuned!
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