Bitcoin / TetherUS
Long

We are Back

169
Hi everyone,
In my last post, I sent you a free signal (link down below) where the target was reached in one day.

For today, we going to analyze BTCUSDT.

After today's move, we can say that we are bullish on the long term. The main reason for that is because:
1. Volume is increasing exponentially for this range, which we did not experience in previous ranges.
snapshot
2. We are in the month of July which, historically speaking, is the month where most market reversals happen in.
snapshot
3. We are forming the start of a long-term uptrend, with a 42deg trend angles.
snapshot
4. Finally, we are in a stage of accumulation according to Wyckoff's law.
snapshot
5. We also just formed a double bottom on the daily chart
snapshot

Don't forget to comment if you have any questions😊.

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