SublimeTraders

Wondering what BTC is doing?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
4h chart:

Right now it is fighting around the $43400 level that is a confluence point formed by an ascending trend line and fib level.

Lower targets: 41800

Higher targets: 45800

If we look at it in a simple manner this can be a RR 2 or less trade, depending on your entries. And yes, mid term view is bullish, hence the long trade idea.

15m chart:

Trying to escape the range : My money is that it will !

Daily chart:

Not much changed since the last update, the formation is looking bullish short term

Waves:

The daily waves look perfect for an upwards pointing move, basically all the conditions are met to a future spring to the upside.

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