BITCOIN Going Back To $40,000?
Updated
We recently tapped multiple monthly support @$37,750 and $38,440 respectively.
We can see the markets have been creating lower highs and lows along the way.
Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.
Then we can spot a bullish divergence on the daily timeframe which adds more
confluence to this trade setup.
Buys to 40k is highly expected. a break above that level, we may see another run
to $43,000.
Don't forget to like and follow for more trading updates and free signals.
I wish us a successful trading week ahead.
#
KC #Meekhill #Meekhillacademy #RICHMMDT
We can see the markets have been creating lower highs and lows along the way.
Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.
Then we can spot a bullish divergence on the daily timeframe which adds more
confluence to this trade setup.
Buys to 40k is highly expected. a break above that level, we may see another run
to $43,000.
Don't forget to like and follow for more trading updates and free signals.
I wish us a successful trading week ahead.
#
KC #Meekhill #Meekhillacademy #RICHMMDTComment
40k tapped!
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.