3 targets using pips with ATR. Using support & resistance green trend-line. Target 1 $69,255 Target 2 $70,018 Target 3 $71,452
Or
Downtrends for a BEAR trap to $67,884 or 67K zone then moves up to next targets. BTC destination still to reach 75k zone then moves up above 80k.
Note
BTC has plenty to go, buying volume has been outrageous since 2/15. To say many active traders with buying still going on. Very little sells has been recorded.
Let me paint you a picture! I have percentages but it will take me too long to divide by piece. So I’ll give you an estimate:
Since 2/15 when BTC was at 38k zone. BUYS: 90% Active traders who have not sold: 90% Sells 5% Total volume +99%
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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.