MA200 is the resistance level in play.
This is the deciding point.
Bitcoin moved above this level followed by a very quick retrace (3 days) and today it is decisively moving back up (with strong/bullish indicators as support).
The daily candle is closing in 1 hour and 30 minutes.
We will have a strong close above MA200 (the black line on the chart) if we can get a FULL GREEN candle today.
In the case of a full green candle, we are definitely aiming at $60,000 or so on the next bullish jump.
We have higher/better targets long-term (see it here), but this is what I am looking at short/mid-term.
What's your take?
Thanks again for reading.
Namaste.
This is the deciding point.
Bitcoin moved above this level followed by a very quick retrace (3 days) and today it is decisively moving back up (with strong/bullish indicators as support).
The daily candle is closing in 1 hour and 30 minutes.
We will have a strong close above MA200 (the black line on the chart) if we can get a FULL GREEN candle today.
In the case of a full green candle, we are definitely aiming at $60,000 or so on the next bullish jump.
We have higher/better targets long-term (see it here), but this is what I am looking at short/mid-term.
What's your take?
Thanks again for reading.
Namaste.
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🎯 LIFETIME Results: t.me/anandatrades/1183
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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.
🚨 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
🎯 LIFETIME Results: t.me/anandatrades/1183
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.