Trend: Strong bullish momentum with price trading above key EMAs 10 20 50
Momentum: High RSI suggests strong buying pressure still above the red support line but also warns of potential overbought conditions could snap back would be worried unless we go below the 50 EMA.
Volume: volume is picking up again
MACD: temporary fear is fading out, greed is about to kicking again
- Target 1 2800
- Target 2 2900
- Target 3 3000
Other bullish factor
A lot of positive headlines, government adoption , BTC is bullish. Good set up over all simple yet effective
Great risk reward opportunity !
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.
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.