The Bitcoin’ Bulls are setting up for a reversal according to several bullish signals coming on the 4h TF.
Please hit LIKE to start reading... Let's get to the signals:
If Bitcoin’ breaks and closes below $3455, all these signals would be invalidated. So if you are using this information to start a trade, $3455 should be your stop loss.
Here are the targets for BTCUSD’ for the coming days/next week:
Thanks a lot for reading.
I'll see you again... Soon.
Namaste.
Please hit LIKE to start reading... Let's get to the signals:
- VOLUME. We can see green volume building up after the last strong drop on November 24th when Bitcoin broke down below $4030. Green volume is good for the bulls.
- BREAKOUK. EMA10 has been working as resistance for Bitcoin’ when it tries to move up. Each time Bitcoin’ tries to break this line it goes back down. Recently, Bitcoin’ broke above EMA10 with good strength, this is a bullish signal.
- HIGHER LOWS. We can spot higher lows being created on the 4h TF, now a higher high is needed for BTC to start hitting our targets.
- REVERSAL CANDLESTICKS. We have two green Dojis before the EMA10 breakout; these are reversal signals. The breakout after these dojis showed up, gives additional strength to this signal.
- NEXT RESISTANCE. $4035 Is the immediate resistance.
- THIS IS NO TRADE ADVICE. Please trade at your own risk. This is no trade advice, this information is shared exclusively for your own learning and entertainment... My trades are shared in my profile and all details always explained... Thanks a lot... Your support is truly appreciated.
If Bitcoin’ breaks and closes below $3455, all these signals would be invalidated. So if you are using this information to start a trade, $3455 should be your stop loss.
Here are the targets for BTCUSD’ for the coming days/next week:
- (1) $4200
- (2) $4700
- (3) $5000
Thanks a lot for reading.
I'll see you again... Soon.
Namaste.
Note
Indicators: EMA10 (green), EMA50 (magetina), EMA100 (blue) and EMA200 (orange). TD Sequential, volume, MACD and RSI.Note
(1) $4200 - Target hit 28-Nov. (+4.7%)(2) $4700 - Next target
(3) $5000
Note
Bitcoin is consolidating nicely and maintaining its price. Main resistance is now sitting at $4355, which is a Fib. level.We just broke above EMA50 (magenta line) recently, with little strength, so this isn't much relevant. EMA10 is now working as main support. If Bitcoin can remain above this level, we can test the next resistance. If the above resistance is broken Bitcoin can be and test $4555 on the time frame below:
A fail to remain above EMA10 can take us to test the $3800-$4000 range.
We will continue tracking Bitcoin and see how it goes.
Thanks a lot for reading. Appreciate your support.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
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.