BTC closes above the 200D EMA! Very BULLISH!
Here's a Quick look at BTC daily chart. As we can see, the price managed to close above the 200 Daily EMA which is extremely bullish! Last time it closed above the 200D EMA after being below it was back in April 2020. The price ran from 9k to 65k (760% gain in price) last time it closed above it! We could see something similar now!
Fun fact: Last time the RSI was this high on the daily TF was on 13. april - When BTC put in ATH!
This could very well be the start of a massive uptrend - very likely to new ATH!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Fun fact: Last time the RSI was this high on the daily TF was on 13. april - When BTC put in ATH!
This could very well be the start of a massive uptrend - very likely to new ATH!
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Experience our top-tier setups with our Premium Group for only 129$ Lifetime membership!
🎖Telegram: t.me/MBM_786kr🎖
🎖Telegram: t.me/MBM_786kr🎖
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.