Bitcoin Goes Bullish... Where To Next? $9800 or $10,400?
Updated
Looking at Bitcoin (BTCUSD), prices are moving NOW above EMA10 and EMA50... Changing our bias from bearish to BULLISH!
THIS IS GREAT NEWS!
Breaking above EMA10/50 is a really good bullish signal and only confirms after the daily candle closes... So this is an "early signal".
The RSI supports this move since it is above 50 which we consider bullish/strong.
The MACD is also showing a bullish cross.
We are looking at ~$9450 first, short-term, followed by $9800 and finally $10,000+.
What's your take on this bullish move?
Share with us in the comments section below!
Namaste.
THIS IS GREAT NEWS!
Breaking above EMA10/50 is a really good bullish signal and only confirms after the daily candle closes... So this is an "early signal".
The RSI supports this move since it is above 50 which we consider bullish/strong.
The MACD is also showing a bullish cross.
We are looking at ~$9450 first, short-term, followed by $9800 and finally $10,000+.
What's your take on this bullish move?
Share with us in the comments section below!
Namaste.
Note
The charts are always changing folks...If you have any doubts about how it all works, read the analysis below where I explain it all:
If the signals are bearish, we call it bearish.
If the signals are bullish, we call it bullish.
You have to change with the market and with the chart/signals.
If you don't change, it is your loss.
Also, notice the timeframe.
We are looking at the daily timeframe here.
The earlier analysis is for the monthly timeframe.
Make sure to always read the description and not only the title.
Namaste.
Note
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✳️ TAEL Full Short-Term Signal [WABIBTC]
![TAEL Full Short-Term Signal [WABIBTC]](https://s3.tradingview.com/9/9fV1seDe_mid.png)
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Note
Amazing... Bitcoin is going higher...This is great.
Note
New update...🅱️ Bullish Bitcoin (No More Bearish Signals...)
Note
Bitcoin continues to grow... GREAT NEWS FOR ALL OF US!Enjoy!
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