Hey there,
so BTC has now broken important resistance and broke out of its pitchfork.
We had earlier tries of breakage but didn`t managed to do it.
Our count of the TI Sequential ToneVays is telling us to be long and should now sit in a substantial profit.
There seems to be no resistance ahead, except of the 200day EMA.
On basically all other time frames it sceems bullishness and looks to retest 9000 first and
maybe then run to 10k.
Bitcoin has to prove itself with breaking the 200 EMA and closing above it.
Then also currently calls for bullishness with a green 2 moving above a green 1.
All in all very nice bullish moves with a lot of potential for upside.
Check out my YouTube channel
"Enlightened Trading"
for further information and closer analysis of the current market situation.
See you back next time.
Cheers,
Konrad
so BTC has now broken important resistance and broke out of its pitchfork.
We had earlier tries of breakage but didn`t managed to do it.
Our count of the TI Sequential ToneVays is telling us to be long and should now sit in a substantial profit.
There seems to be no resistance ahead, except of the 200day EMA.
On basically all other time frames it sceems bullishness and looks to retest 9000 first and
maybe then run to 10k.
Bitcoin has to prove itself with breaking the 200 EMA and closing above it.
Then also currently calls for bullishness with a green 2 moving above a green 1.
All in all very nice bullish moves with a lot of potential for upside.
Check out my YouTube channel
"Enlightened Trading"
for further information and closer analysis of the current market situation.
See you back next time.
Cheers,
Konrad
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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.
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.