We've had the yellow shaded area drawn since August and price has now finally come back into that zone.
Whether it gets rejected briefly back down or not, traders will be looking for entry positions ready for BTCUSD breaking out of a significant consolidation phase over the past few months.
First target is 14% at around $14,000... and then a re-test of the All Time High will not look very far away.
Brace yourselves. The bulls are heading this way.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Whether it gets rejected briefly back down or not, traders will be looking for entry positions ready for BTCUSD breaking out of a significant consolidation phase over the past few months.
First target is 14% at around $14,000... and then a re-test of the All Time High will not look very far away.
Brace yourselves. The bulls are heading this way.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
