BTCUSD has broken out of its large falling wedge to the upside and has completed it BULLISH DIVERGENCE "on the DAILY"...as I stated was in play a couple wks back. My target out of this larger wedge will be 48K. My targets of 33k-34k has been reached from the smaller wedge formation. BTCUSD could test the levels of 51k-57k but will come as strong resistance. I do believe the next "MAJOR" levels to keep eyes on will be 87K-110k RIGHT AFTER BTCUSD BREAKS thru 57k!!! Move out Bears! A horde of bulls are inbound :-) Note: Data doesn't lie..just check my other ideas :)
Disclaimer: I'm NOT a financial adviser...just a regular "joe" voicing my opinion :)
Peace Love Money ;)
Comment
Did I forget to mention this major level of resistance on the RSI? The BULLS DESTROYED THAT BARRICADE LIKE IT WAS NOTHING!!! LOL...
Trade closed: target reached
Target of 48K has been reached...position is close.
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