BTC: The price is cooling off!
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BTC has been on a crazy upside rally without a cool-off period! The momentum had gotten weak, and bearish divergences were visible on many timeframes, but despite that, BTC was putting in new ATHs! Now, it seems like the bearish divergences are playing out, and the price is cooling off! This is much needed in order to maintain a healthy uptrend!
The price is cooling off in a bull flag pattern, which is a bullish continuation pattern. This could be an excellent opportunity to buy some Altcoins! A break above the bull flag will most likely mark the start of the next leg of the bull run! The next leg could easily take up to 80k if the price breaks the red resistance! But if the price breaks the support zone, a move to 55k-57k will most likely happen.
Where we are now:
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
The price is cooling off in a bull flag pattern, which is a bullish continuation pattern. This could be an excellent opportunity to buy some Altcoins! A break above the bull flag will most likely mark the start of the next leg of the bull run! The next leg could easily take up to 80k if the price breaks the red resistance! But if the price breaks the support zone, a move to 55k-57k will most likely happen.
Where we are now:
-------------------------------------------
About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Note
Support holding for now!Note
Time to retest the blue resistance Zone! If it breaks, a move to the red zone will likely happen!Note
Broke to the upside!
Experience our top-tier setups with our Premium Group for only 129$ Lifetime membership!
🎖Telegram: t.me/MBM_786kr🎖
🎖Telegram: t.me/MBM_786kr🎖
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