🔥 Bitcoin: Bull-Run Continued
A mere three days ago I made an analysis on BTC and what we could expect in the next few days. I argued that the best case scenario would be a strong break out through the top resistance of the triangle, a re-test and a continuation.
This exact best-case scenario has played out to the letter.
At the moment, we're enjoying some strong bullish momentum. Next stop is 50k.
I'm not expecting any significant draw-backs before reaching the 50k resistance. However, I do expect a drawback and consolidation around that area. The yellow minor support area would be the first strong support in case of a bearish move.
Since we've been going straight up for almost three weeks now, a small period of horizontal movement is to be expected.
Happy trading!
This exact best-case scenario has played out to the letter.
At the moment, we're enjoying some strong bullish momentum. Next stop is 50k.
I'm not expecting any significant draw-backs before reaching the 50k resistance. However, I do expect a drawback and consolidation around that area. The yellow minor support area would be the first strong support in case of a bearish move.
Since we've been going straight up for almost three weeks now, a small period of horizontal movement is to be expected.
Happy trading!
🎯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
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.