I figured out the Impulse Wave has begun from $15,4xx and now it's been happening the fifth wave with target around $40,000 and can be further at $42,000.
You easily spot the strong Valid Breakout happened around $31,300 within volume higher 130% Avg. Vol 30 days and now, it will retest or keep up climb higher and higher cause the bullish candle has a bit little wick that shows strength of buyer.
However, my view Bitcoin can reverse a bit before go up again because ADX > 80 and RSI Overbought these signals is good for reversing. Wait and see around $31,300
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.