Bitcoin (BTC): MSB Has Been Formed, Potential Push | Bullish

25 lis

BTC formed the market structure break, which is the first step towards breaking the curse of the bearish trend that we have been having for quite some time now.

What we are looking for now is simply a confimational BOS at $89,150. There should be more movement to higher zones once we have that.

Swallow Academy

26 lis

Uwaga

BTC is moving just as we were expecting. with slight upside pressure where price is heading towards the BOS area.

While we see some signs of bullish momentum forming, we need to keep in mind that the priority stays the same: the forming of the Break of Structure zone.

As soon as we get it, we are going to expect the EMAs to be tested (both 100 and 200).

27 lis

Uwaga

Bitcoin is cooking up here, where recently we had a strong breakout candle, which formed a decent BOS and gave us a confirmation of a reversal, which currently is happening.

Targets are being approached so gameplan remains the same!

28 lis

Uwaga

Bitcoin is going for another breakout after the price has been accumulating slightly below the 100 EMA line. Once we see the breakout from that accumulation zone (the sideways small channel we formed), price will most likely head for EMA.