Bitcoin RENKO Strong Buy Signal | Dec. 2020 Support Activated
Bitcoin activates a very strong support level on the RENKO charting system for the first time since December 2020.
We have a new buy signal/green brick that is yet to be set.
With a close above $24,000, this buy signal is confirmed and points to a change of trend.
We are talking about a nice potential here.
Short-term, the first target is set at $28,000 or EMA10.
This is followed by $33,333 on EMA21 and finally $40,000 at EMA50.
These levels can be easily hit once this buy signal is fully confirmed.
Namaste.
We have a new buy signal/green brick that is yet to be set.
With a close above $24,000, this buy signal is confirmed and points to a change of trend.
We are talking about a nice potential here.
Short-term, the first target is set at $28,000 or EMA10.
This is followed by $33,333 on EMA21 and finally $40,000 at EMA50.
These levels can be easily hit once this buy signal is fully confirmed.
Namaste.
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