Bitcoin Bullish Divergences - Breakout back to 40kAs you can see, the MACD, RSI, and money flow, have been forming bullish divergences. (Yellow lines)
Furthermore, we can see that bitcoin is rebounding off of the top end of the trading range. (Yellow lines)
Lastly, there is a double bottom that has formed (circled)
These all point to massive upside and breakout past 40K
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Best of luck!
Bitcoinprojection
Projection with targets for the next scenario in BITCOIN 1hTechnical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price forming ascending tops/bottoms near a region where the price has consolidated. I believe that by breaking this region, you can easily search for such projections.
RSI> 50 gaining momentum and MACD with buying mass entering!
Price being driven by EMA for 34 periods.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Btc projections with fibonacci and rate of climb..!using the max , mean and min rate of limb and trend based fibonacci retracements, the levels marked in green are the estimations of the forward prices in bitcoins over usd...
For the projection 20th march has been chosen as C point retracement to AB in the abc retracement..!
Interesting to watch..
No plans to trade nor invest...
