We have three rejections at EMA100 since late December.
The last two happened in February.
Yesterday Bitcoin managed to break and close above this level and today we see it trading above it.
EMA100 stands at $44,210.
Staying above EMA100 can signal 'STRAIGHT UP'! (Green arrow)
Our next target remains around $47,200 followed by $50,000.
Conditions for change
Closing below EMA100 daily invalidates this analysis with immediate support at EMA10 ($41,400)
One final detail.
I did some calculations yesterday based on the USDT.D inverse relation with BTCUSD and got a target of around $58,300 for this move.
This would put USDT.D around 3.36% more or less.
This is done for entertainment only of course.
We use the fibs, the patterns, the candles, the EMAs to trade.
Namaste.
The last two happened in February.
Yesterday Bitcoin managed to break and close above this level and today we see it trading above it.
EMA100 stands at $44,210.
Staying above EMA100 can signal 'STRAIGHT UP'! (Green arrow)
Our next target remains around $47,200 followed by $50,000.
Conditions for change
Closing below EMA100 daily invalidates this analysis with immediate support at EMA10 ($41,400)
One final detail.
I did some calculations yesterday based on the USDT.D inverse relation with BTCUSD and got a target of around $58,300 for this move.
This would put USDT.D around 3.36% more or less.
This is done for entertainment only of course.
We use the fibs, the patterns, the candles, the EMAs to trade.
Namaste.
Nota
Nota
There can be a small retrace to try and challenge resistance again around ~$45K.We are good above $40,000.
Nota
Read the update here: 
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Penafian
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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.