BTC Short term trend breakout
Aggiornato
Hi guys, here is my first published idea.
I've been holding and accumulating BTC since 2017 and have since made this a full time commitment. It's paid off!
We are currently looking at breaking this bearish trend and heading upwards to test the blue resistance. Bottom of this bloodbath may very well be in as we have seen plenty of volume in the recent days. If trendline fails to break, we are looking at retesting the pink support lines, eventually breaking the trend at some stage within the week to hopefully close above the 21 week EMA.
I've been holding and accumulating BTC since 2017 and have since made this a full time commitment. It's paid off!
We are currently looking at breaking this bearish trend and heading upwards to test the blue resistance. Bottom of this bloodbath may very well be in as we have seen plenty of volume in the recent days. If trendline fails to break, we are looking at retesting the pink support lines, eventually breaking the trend at some stage within the week to hopefully close above the 21 week EMA.
Nota
Price target for a short term trade is 42k!
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