The day is starting with good momentum with prices recovering strong... Here is the 4H chart:
The is really strong and prices went from a new low to right back above EMA50, signaling good momentum and strength.
We also get the biggest bar since June 22 on this same timeframe, 4h.
Now, looking back again at the , we have a new target.
Last time the bounce was small and only hit ~$35,000 USD per BTC .
This time it can go for longer and we can hit $40,000 or $45,000+...
What's your take?
Do you believe this is possible?
We just had a higher low and EMA10 is being challenged as I write this post... Leave a comment with your thoughts, charts and opinions.
Thank you for reading.
Looking better now.
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like your strategy we have higher low and volume breakout ,like always you say we`ll reach there with patience .
you can add EMA 400 , 600 on daily time frame,
you can see what kind of support do we have here !
but my idea is if 32222 acts as resistance 29500 is more likely but overall this is bullish
look at the weekly ...