BTC/USD - Further Upside
Updated
Hello traders,
Here we have BTC/USD on the 1H chart.
BTC/USD had a correction move, after completing a bullish move up to the first target at 19380, which I predicted in my previous analysis and we got the move (See my related ideas for details of this analysis)
After the correction, it appears BTC/USD is ready for a new up move. After price hit a Fibonacci key retracement support level at 18910, price began to show reversal candlesticks. The candlesticks are showing a change of command from the bears to the bulls, and I believe the bulls have captured this move.
I am expecting an up move up to the upside target level of 21000. I achieved this target by calculating the previous bull impulse leg, and then replicating a measure move, thus having a target zone.
I will be updating this analysis if it exceeds 40 likes.
Here we have BTC/USD on the 1H chart.
BTC/USD had a correction move, after completing a bullish move up to the first target at 19380, which I predicted in my previous analysis and we got the move (See my related ideas for details of this analysis)
After the correction, it appears BTC/USD is ready for a new up move. After price hit a Fibonacci key retracement support level at 18910, price began to show reversal candlesticks. The candlesticks are showing a change of command from the bears to the bulls, and I believe the bulls have captured this move.
I am expecting an up move up to the upside target level of 21000. I achieved this target by calculating the previous bull impulse leg, and then replicating a measure move, thus having a target zone.
I will be updating this analysis if it exceeds 40 likes.
Note
I will be updating this analysis after my latest GBP/USD idea gets some more likes!Want to make sure there are lots of people online when I update my content, as it takes many hours of my time to create these analysis!
Note
I have posted a brand new BTC/USD trading idea on my TradingView profile page! See my profile page for my latest BTC/USD analysis!!!
Note
Check my TradingView profile page now for my brand new analysis on BTC/USD ! My new post is an update of this analysis, and shows the ideal areas for a buy opportunity.
Note
I will be posting my realtime buy signal for XRP/USD, if my latest USD/CHF idea post analysis achieves more than 20 likes! I want to make sure there's a lot of traffic on the site before I post the realtime update. :)
Note
I will be updating this analysis in realtime when my brand new AUD/CHF analysis posted on my TradingView receives more likes !! I want to make sure there's a lot of traffic online to see my latest BTC/USD update!!
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