Bitcoin (BTC): All We Need Now Is Break of Structure

avant-hier

Bitcoin is accumulating currently where price is heading most likely for a break of structure (Which would confirm our bullish gameplan). As soon as we see the breakout we will be looking for a long position right there!

Swallow Academy

hier

Note

The 100 EMA has been tested multiple times on BTC, yet buyers did not manage to fully secure this area. What we see is a continuation of attempts to break this zone completely and secure it, and as buyers are showing volume, we are looking for it to happen.

Setup looks decent; the zone of liquidity is our stop zone, where the major target is the 200 EMA as of now!

il y a 9 heures

Note

BTC reached the 200 EMA mark, which is one of our targets for the current push we are expecting.

As expected, we had a smaller rejection near the 200 EMA, but that is normal. What we need now is another breakout (which might happen today once the FOMC meeting is over). So be careful; volatility can be guaranteed today!