TradingView
Elysian_Mind
Jun 27, 2021 8:30 PM

Resume Bullrun šŸ‚ Historic Support šŸŸ¢ TP1 āœ… Go for TP2 šŸ¤”Ā Long

Bitcoin / US DollarBinance

Description

ā‹…
Resume Bullrun šŸ‚ Historic Support šŸŸ¢ TP1 āœ… Go for TP2 šŸ¤”

"History never repeats and always rhymes."
- A TradingView trader whose name I forgot

It's an extension of my previous idea.
I hold my opinion on everything there and add a new viewpoint with this idea.

ā—€ļø KEY POINTS:
- Opportunity To Break All Bearish Channels At Once & Resume Bullrun (= Open New Bullish Channel)
- Bears Are Vulnerable
-- Saturday Bear Trap Was Successful
-- Bears Are Tired: Multiple Bullish Divergences On RSI
- Bulls Are Powerful
-- Bulls Are Still Energetic: Higher Highs on RSI
-- Historic Invincible Support Hit
-- Smart Money Bought The Dip
-- Psychologically Tempting Target: 40k
-- Funding Rate Favors Longs
-- Excellent RRR: 400%
-- Every Time In History When BTC Hit This Support Then Hit 40k Within A Week
-- Next Week Will Be Green
--- Starts From Today

šŸŒŒ OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000

$33 000 - $34 000 TP1 āœ…

We Hold Our Position & Go For TP2: $40 000 - $42 000

Comment

ā‹…
šŸ˜Š Join our community:

Discord: discord.gg/TnJc2SNeBM

Telegram: t.me/oxybits

Website: taken.to/oxy
Comments
PeterFB
ā‹…
Iā€™m hoping bitcoin follows your analysis šŸš€
Elysian_Mind
ā‹…
@PeterFB, Thank you very much!
We hope, too šŸš€
Elysian_Mind
ā‹…
We believe the price will retest Target 1 ($34 000 - $33 000) today then go for our next Target 2 ($42 000 - $40 000) tomorrow.
Elysian_Mind
ā‹…
@OXY4TRAD3, Retest done āœ…
We think the spaceship can continue soon.
Elysian_Mind
ā‹…
To see how our Idea evolved, check our previous Idea, RELATED IDEAS, "Neutral Channel šŸŽšļø Long Opportunity šŸŸ¢ 40k Within A Week šŸ’°"
Elysian_Mind
ā‹…
To see our up-to-date position, go RELATED IEAS, "Volume Analysis: šŸ’Ž Bullish Whales - New ATH In Sight? šŸš€".
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