The King is back roaring hard!!!
#Bitcoin (W)
Bullish Megaphone Pattern on BTC.
Is
BTC on the way to new ATH's?
- Stoch RSI also crosses bullish again and enters the blue area.
- EMA21 corsses MA50 earlier this year which has been moving in a strong manner.
- Three major bullish candles already formed since only Jan of this year.
- Even though it might not be as accurate it is on the daily chart the Ichimoku cloud is serving as a strong resistance right now and breaking out of it will be another major bull sign.
- MACD seems having a little bit rest but it is once again reviving towards North.
- Andrew's Pitchfork is acting as a very strong support line as it can be seen the current candle formation and its reversal bullish move.
- Parabolic SAR turned bullish on the current weekly candle formation.
I will be updating and sharing more snapshots of the market and stay tuned for more. For now I am even more super bullish than ever for the mid and longer term hodling opportunity. And I do believe that there won't be any chance to grab Bitcoin at 10K after this.
Send it, please.
Nathnael Biruk.
Founder & CEO at AbaNefso Bulls and CryptoTalk Ethiopia Community.
Bullish Megaphone Pattern on BTC.
Is
BTC on the way to new ATH's?- Stoch RSI also crosses bullish again and enters the blue area.
- EMA21 corsses MA50 earlier this year which has been moving in a strong manner.
- Three major bullish candles already formed since only Jan of this year.
- Even though it might not be as accurate it is on the daily chart the Ichimoku cloud is serving as a strong resistance right now and breaking out of it will be another major bull sign.
- MACD seems having a little bit rest but it is once again reviving towards North.
- Andrew's Pitchfork is acting as a very strong support line as it can be seen the current candle formation and its reversal bullish move.
- Parabolic SAR turned bullish on the current weekly candle formation.
I will be updating and sharing more snapshots of the market and stay tuned for more. For now I am even more super bullish than ever for the mid and longer term hodling opportunity. And I do believe that there won't be any chance to grab Bitcoin at 10K after this.
Send it, please.
Nathnael Biruk.
Founder & CEO at AbaNefso Bulls and CryptoTalk Ethiopia Community.
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.