Good Day my fellow traders! I will keep this real short...BTCUSD has 2 bearish divergences on the daily that I'm taking heed to. I believe a pullback to $46-
42K is expected. The 
46K level might get tested again, if fails...next level for support will probably be in the 42K area(Perfect long entry point) :) The overall picture is bullish. As you can see..BTCUSD is forming what resembles a CUP AND HANDLE PATTERN. Completing this pattern will bring the price action to the $70k area. You can find this similar pattern is DASHUSD as well.
Disclaimer: I'm NOT a financial adviser... :-)
Peace Love Blessings ;)
42K is expected. The 46K level might get tested again, if fails...next level for support will probably be in the 42K area(Perfect long entry point) :) The overall picture is bullish. As you can see..BTCUSD is forming what resembles a CUP AND HANDLE PATTERN. Completing this pattern will bring the price action to the $70k area. You can find this similar pattern is DASHUSD as well.Disclaimer: I'm NOT a financial adviser... :-)
Peace Love Blessings ;)
Disclaimer
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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.