Let's forget the short-term noise timeframe for a few minutes and focus on the bigger picture...
How is Bitcoin looking weekly?
We are halfway through the week, there is still plenty of time for BTCUSD to either close RED or GREEN.
This week, just closing green is bullish milestone reached.
Bullish scenario one: straight up
Bullish scenario two: higher low then up
Bearish scenario: break support, move lower...
Bitcoin Weekly Chart Analysis
The current setup favors the bulls.
We already went through a negative 9 count that ended up in a hammer. This hammer is a reversal signal.
This week we have prices trading above EMA10 on a new positive TD count.
Closing above EMA10 can signal more green action to come.
We stay bullish as long as Bitcoin continues trading above the "Rising trendline" and the 21-Feb. candle wick low.
Remember $20K?
Longer-term, if the relief rally those play, we can see something like this:
Thanks a lot for the support.
Namaste.
How is Bitcoin looking weekly?
We are halfway through the week, there is still plenty of time for BTCUSD to either close RED or GREEN.
This week, just closing green is bullish milestone reached.
Bullish scenario one: straight up
Bullish scenario two: higher low then up
Bearish scenario: break support, move lower...
Bitcoin Weekly Chart Analysis
The current setup favors the bulls.
We already went through a negative 9 count that ended up in a hammer. This hammer is a reversal signal.
This week we have prices trading above EMA10 on a new positive TD count.
Closing above EMA10 can signal more green action to come.
We stay bullish as long as Bitcoin continues trading above the "Rising trendline" and the 21-Feb. candle wick low.
Remember $20K?
Longer-term, if the relief rally those play, we can see something like this:
Thanks a lot for the support.
Namaste.
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💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.