This chart looks ridiculously bullish
. The orange colored candles are aggressive entry signals. The light blue colored candles are filtered entry signals. The last time these two colored candles printed back to back on the monthly chart, Bitcoin
moved from $250 to $20,000. The first green bar has just printed on the MACD
histogram with the MACD
line about to cross over the signal line. When the MACD
(blue line) rises above the signal line (red lilne), the indicator gives a bullish
signal, which suggests that the price of the asset is likely to experience upward momentum.
What is your top price target?