After the long drought, it seams BTC is back with a bang. To ensure that I keep my trading simple I have gone back to basics. The current volume has drastically increased compared to the last 3 days.
While I expect the price to pull back to the 14 day VWMA, this move confirms we are ready for a test of 10900-11200.
We have a strong break of the 14 day VWMA (2 weeks) and yet again the Bitcoin bulls are protecting the 10K price.
Conclusion.
I am back to being a full-time bull in this market, and you don't need a lot on your charts to realise what's happening.
While I expect the price to pull back to the 14 day VWMA, this move confirms we are ready for a test of 10900-11200.
We have a strong break of the 14 day VWMA (2 weeks) and yet again the Bitcoin bulls are protecting the 10K price.
Conclusion.
I am back to being a full-time bull in this market, and you don't need a lot on your charts to realise what's happening.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👨🏾🏫 Don't forget our website and Discord
ioniccapital.co.uk
discord.gg/6YfC2wxZ
ioniccapital.co.uk
discord.gg/6YfC2wxZ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.