Looks bearish short term. Support levels shown in Red lines on chart.
Bearish Divergence on 1D.
MACD about to cross on 1D.
I expect BTC to hit Kijun Support around 8300$. This also has confluence with the 0.5 fib level and trendline support.
After the dip BTC looks like it can hit $11600 longer term, for edge to edge cloud trade. Bullish TK cross has happened and price has entered the cloud.
for more signals join us on telegram - t.me/cryptobaby
Bearish Divergence on 1D.
MACD about to cross on 1D.
I expect BTC to hit Kijun Support around 8300$. This also has confluence with the 0.5 fib level and trendline support.
After the dip BTC looks like it can hit $11600 longer term, for edge to edge cloud trade. Bullish TK cross has happened and price has entered the cloud.
for more signals join us on telegram - t.me/cryptobaby
Trade active:
almost there...
Trade closed: target reached:
WOHOO! BTC HIT GREEN BOX :)
Trade closed: target reached:
hit 8212 perfectly on my fib support line of 0.5 :)