Bitcoin bullish leg up expected soon
Bitcoin already broke ascending triangle on a bit elevated volume. For a bigger move we would see more volume coming in.
I see WXY as a possibility.
Target @4040-4090.
*We have Daily 100EMA at 4040.
*Weekly fib resistance at 4090.
Also if you make a fib retracements 1.618 is my target based on recent behavior.
If you are LONG taking profits just above 4000 would be wise.
Shorting at @4050 (If given) is an option with TP 3764(for those not willing to wait)
Final TP - 3518.
Have a great day!
BTCUSD
I see WXY as a possibility.
Target @4040-4090.
*We have Daily 100EMA at 4040.
*Weekly fib resistance at 4090.
Also if you make a fib retracements 1.618 is my target based on recent behavior.
If you are LONG taking profits just above 4000 would be wise.
Shorting at @4050 (If given) is an option with TP 3764(for those not willing to wait)
Final TP - 3518.
Have a great day!
BTCUSD
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