BTCUSD - Broken Long-Term and Short-Term Trends on the Upside?
BTCUSD has recently received a buy signal from Crypto Tipster v2 Indicator after breaking through two descending trend line levels. This could be seen as a bullish signal and suggests that the cryptocurrency may be entering an uptrend. With the recent break through of these levels, we're cautiously optimistic about BTCUSD's potential for further gains.
However, it is important to note that BTCUSD is currently facing a final consolidation level before reaching potential gains of 20%. This means that the cryptocurrency is experiencing a period of stability or a pause in the current trend. It's important to keep an eye on this final level and monitor market conditions to determine whether BTCUSD will be able to break through and reach gains of 20%.
However, it is important to note that BTCUSD is currently facing a final consolidation level before reaching potential gains of 20%. This means that the cryptocurrency is experiencing a period of stability or a pause in the current trend. It's important to keep an eye on this final level and monitor market conditions to determine whether BTCUSD will be able to break through and reach gains of 20%.
Note
Well this has gone very well indeed so far.Is this going to end up a bull trap? Quite possibly, or we could get a few more percent out of the next few days to hit a recent High level; OR we could be en route to $25,000+
What do you guys think?
Note
Haven't quite made it to $25,000 yet!Do you guys think it'll reach 25k or drop to recent support level first?
Note
Although we smashed our target (and then some!) we still haven't quite seen 25k yet - do you think it's coming soon, or a drop back down to 21k?
Related publications
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.
Related publications
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.