BTC has tried break down the range but failed. and we can see a accumulation in previous weekend in green zone.
the big fat green candle is going to reach the range top. this massive buying power showed that we almost confirm the 2022 ATL has been reached.
To confirm the end of the bear-run, we shall see it breakout the range at 30.8k and reach high as 31.7k
Position: Long at 29.8k
CL: 29k
TP:
1/31.7k
2/34.8k
3/37.1 - 38k
and now is the time to buy some alts and ready for the small bull ride. I would target 38k as the next top in the end of 2022.
the big fat green candle is going to reach the range top. this massive buying power showed that we almost confirm the 2022 ATL has been reached.
To confirm the end of the bear-run, we shall see it breakout the range at 30.8k and reach high as 31.7k
Position: Long at 29.8k
CL: 29k
TP:
1/31.7k
2/34.8k
3/37.1 - 38k
and now is the time to buy some alts and ready for the small bull ride. I would target 38k as the next top in the end of 2022.
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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.