BTC - $4350 – 4400 squeeze expected
Updated
Hi Traders.
Welcome to the new week.
Of course, the most interesting chart is BTC chart.
The global crypto trend relies on it.
So here are details of the technical analysis.
It looks pretty decent we must say
• We are in a positive micro uptrend
• Ascending bullish triangle observed – we are close to breaking $4200 and further $4300
• Volume - since February 2019 we observed the bigger positive volume
• Weis Waves – we have a demand but we need stronger BUY pressure
There is no supply meaning no one is selling right now
• WBM BUY/SELL Indicator– due to the fact the price is very little saturated there is room to go up for higher prices
• Visible Range – the price has crossed Point of Control (fair price) and still it is heading north
So in the upcoming days, we expect to reach even $4400 level.
Hopefully, we will break it up and stay above $4500 for good.
If that happens we can announce the reversal of the trend.
What are your predictions?
Are you having high hopes?
Leave a comment in the section below.
Thank you for reading.
If you like our job click thumbs up.
MASSIVE Hugs!
WBM Team
Welcome to the new week.
Of course, the most interesting chart is BTC chart.
The global crypto trend relies on it.
So here are details of the technical analysis.
It looks pretty decent we must say
• We are in a positive micro uptrend
• Ascending bullish triangle observed – we are close to breaking $4200 and further $4300
• Volume - since February 2019 we observed the bigger positive volume
• Weis Waves – we have a demand but we need stronger BUY pressure
There is no supply meaning no one is selling right now
• WBM BUY/SELL Indicator– due to the fact the price is very little saturated there is room to go up for higher prices
• Visible Range – the price has crossed Point of Control (fair price) and still it is heading north
So in the upcoming days, we expect to reach even $4400 level.
Hopefully, we will break it up and stay above $4500 for good.
If that happens we can announce the reversal of the trend.
What are your predictions?
Are you having high hopes?
Leave a comment in the section below.
Thank you for reading.
If you like our job click thumbs up.
MASSIVE Hugs!
WBM Team
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