Yesterday I made an analysis on Bitcoin where I discussed the possibility of a break out from ht bearish channel.
As mentioned in the previous analysis, a move through the $47k - $47.5k area was for me a strong indication to be confident in a porlonged bullish move.
As seen, the price encountered only minor resistance at the $47.5k, pulled back, and went right through it a couple of hours ago.
Things are looking quite good. I'm aiming for BTC to reach $48.5k within the next couple of days. After that, $50k.
Happy trading!
As mentioned in the previous analysis, a move through the $47k - $47.5k area was for me a strong indication to be confident in a porlonged bullish move.
As seen, the price encountered only minor resistance at the $47.5k, pulled back, and went right through it a couple of hours ago.
Things are looking quite good. I'm aiming for BTC to reach $48.5k within the next couple of days. After that, $50k.
Happy trading!
Note
48.5k reached! New analysis soon.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.