BTCUsdt GoldenCross

224
Bitcoin broke the middle of the big and main channel and stabilized above it.
It has encountered resistance by hitting the old trend line
It is compressed in the middle of the trend line and the middle line of the channel.
But two golden crosses have occurred, which with this compression of the price above the middle of the channel and below the trend line is ready for a powerful movement and explosion.
A gold cross is the crossing of a 20-day moving average out of 200 days
Another is the crossing of the 50-day moving average from the 100-day moving average, which happened exactly today and has more power to move.
If this analysis and the golden cross are correct, Bitcoin should have a strong upward movement.
Now the middle of the channel is a good support and Bitcoin can explode upwards.
Bitcoin can move up to the 200 weekly moving average and have a powerful and sudden movement up to the price of 24727.
If it crosses this moving average and stabilizes above it, we can say that we have entered the spring market
Of course, a weekly candle should be tied on top of it
Good luck

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.