The weekly session just closed and Bitcoin ended with a very strong bullish candle.
This is a hammer with a super long lower wick.
Bitcoin Weekly Hammer = Low Set/Support Found
Bitcoin moved down on a strong shakeout move but bounced before reaching the 0.618 Fib. retracement level and closed the week above EMA10, sending a very strong bullish signals.
Patience is key my friends.
✔️ Bitcoin is ultra-bullish above $23,500. ✔️ Bitcoin is mega-bullish above $22,222. ✔️ Bitcoin is strongly bullish above $20,000.
The current price points to $30,000 as the next target and $40,000 still in the cards in this current bullish wave.
You can find our trade signal with full numbers, 10X lev. below. 🅱️ 10X Lev. BTC (XBTUSD) Long Trade Signal (730% Potential)
Thanks a lot for your amazing support. Thanks for the trust.
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.