BitcoinLong
BTC has confirmed uptrend - Target $43K - Time to go LONG
A quick update on my posts yesterday and the day before (linked) with my updated 4/24 BTC_USD chart at Midnight here Aust EST!
After BTC rose to 38.8K 2 days ago, after breaking up out of the descending channel it's been in since Jan 5th (except for the brief Elon pump 29/01) it then fell back yesterday to 36.25K before rising again through today to 38K. The Forflies EMA 'snake' is strongly bullish, and it appears the BTC bulls are back in control especially with most Alt coins pumping !0%+ today as well.
BTC continues to follow the 'Scenario 1" path I laid out for it 2 days ago, and it should now go up to the bottom of the previous Nov/Dec ascending channel at 40K and probably break through to continue on a steady path up to $43-44K if it does.
This looks like a good opportunity to go LONG BTC with leverage at 38K, hopefully with big profits at $43-44K - although caution is needed at 40K in case it rejects.
Thoughts and comments welcome.
After BTC rose to 38.8K 2 days ago, after breaking up out of the descending channel it's been in since Jan 5th (except for the brief Elon pump 29/01) it then fell back yesterday to 36.25K before rising again through today to 38K. The Forflies EMA 'snake' is strongly bullish, and it appears the BTC bulls are back in control especially with most Alt coins pumping !0%+ today as well.
BTC continues to follow the 'Scenario 1" path I laid out for it 2 days ago, and it should now go up to the bottom of the previous Nov/Dec ascending channel at 40K and probably break through to continue on a steady path up to $43-44K if it does.
This looks like a good opportunity to go LONG BTC with leverage at 38K, hopefully with big profits at $43-44K - although caution is needed at 40K in case it rejects.
Thoughts and comments welcome.
Publications connexes
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.
Publications connexes
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.