Chart posted 7-25-2021 as of 1:48pm ET. The previous BTCUSD Update has proven to be bullish. I had previously called a bullish- followed by a possible check back down.. however we can see multiple harmomnic patterns playing to the upside and this new pattern is extremely bullish and should complete around 38k. I think when we get here we ca re-explore.. I tend to think the MACRO pattern takes us higher... this is a trend swing, but I do think BTC has lower prices to come, but its best to get in on this and accumulate while you can.
Trade closed: target reached
Target reached.. that was quick LOL... This target reached, but more upside exists, Candle action is not showing reversal so the trade can stay open.
Moorsc0de aka Crypt0nomics aka Zaphkiel
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Moorsc0de aka Crypt0nomics aka Zaphkiel
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.