Short

BTC all bullish here, get ready for a ride? or just accumulation

Updated

Hi all I am looking on 4h chart and Bitcoin looks like before some action here, everything here looks bullish, RSI turn direction with positive divergence, MACD bullish divergence, Stoch crossing and oversold.

For me is 3500-3000usd buy range, this is great opportunity, whales and institutions here accumulate more and more bitcoin to their wallets.

Shortterm targets 1. 4000-4400usd 2. 5200-5645usd

I will be update it

If you like it please leave some action here or follow.
If you have some another view on this situation please leave comment.

Thank you

Note

Hi friends, today is one year from ATH on Bitcoin, and we see now some little bounce from 3200 to 3500usd, if will be strange we can look on 1target around 4k, I am glad for this movement, because a lot of people want to say yes we found the bottom around 3000usd :) but this level around 3k show us that is strong support. its important

Note

Hi today we almost get 1. target, price stop around 3930usd, now correction in the game, is possible that we can tested 3530-3600usd. Thank we will see.

I will update it

Trade active

1. target reached

BTC looks great now, look on the chart, stoch is crossing from oversold, we are tested 4000usd now, is possible bigger move, a little fomo, can be... But dont forget that we can easily go for retest 3200usd, so patient and be careful here.

Note

Hi today we stay around 4000usd, but stoch tell us that can be a little correction 3850-3750usd is the most buying and selling range, stoch 1day overbought, we are in small uptrend channel, if we break down correction in play, but be careful here, how we catch wave up, we can go down faster, remember drop from 6k.

Note

Hi all
Price stop now just on our target in visible range around 3700-3800usd, there can be turn around, or we can go more down to 3500usd Head and shoulders pattern, or 3200usd double bottom or bounce here and can be correction wave our elliott waves, look on my newest analysis, there is detail for this.

Trade closed: target reached

crypTouche

Also on:

Related publications

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.