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Bitcoin (BTC): Break of Structure / Possible Move To $50K

Bitcoin is breaking local lows where price has fully secured the zone of EMAs and we can call it now a good zone of "re-test" instead of "chaos.".

We are looking here for our next movement towards 50K so eyes on lower zones now.

Each daily candle that closes in red or suppresses the bullish move with a big wick is another confirmation for us!

Swallow Team
Note
snapshot
Since yesterday, Bitcoin has dropped 5%, where it broke the lower support zone and resulted in a bigger break of structure on a 4-hour timeframe.

So far everything looks good so we should see a further downward movement so let's see!
Note
snapshot
Ended up nicely
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Technical IndicatorsTrend Analysis
SwallowAcademy
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.