The Bitcoin Bulls Are Now In Favor!
Bitcoin continues to grow and moving with a bullish bias.
We can see some bullish consolidation take place with resistance now set at around $48500.
This is the level that is being challenged on the current candle.
We have multiple levels to look at mainly as resistance, short-term, on the way up:
1) $51000
2) $56500
3) $65500
The bulls here clearly have the upper hand, we remain bullish on BTCUSD 12H as long as prices remain above $44350 (EMA10) and $37900 (EMA50).
The $30,000 to $33,000 price range is now the main support.
We believe that Bitcoin can move higher as mentioned in the previous trade ideas (visit my profile).
Thanks a lot for your support.
Namaste.
We can see some bullish consolidation take place with resistance now set at around $48500.
This is the level that is being challenged on the current candle.
We have multiple levels to look at mainly as resistance, short-term, on the way up:
1) $51000
2) $56500
3) $65500
The bulls here clearly have the upper hand, we remain bullish on BTCUSD 12H as long as prices remain above $44350 (EMA10) and $37900 (EMA50).
The $30,000 to $33,000 price range is now the main support.
We believe that Bitcoin can move higher as mentioned in the previous trade ideas (visit my profile).
Thanks a lot for your support.
Namaste.
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🔝 Daily Cryptocurrency Technical Analysis
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lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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