Bitcoin 1hr chart Golden Cross, bullish action to $12k [BTFD]

Heya crypto nutters

We are back again with an more bullish chart this time...

1hr Chart just threq up a clear golden cross and with all the FUD pretty much out of the way we can start working up towards previous resistances around $11-12K

this area of $9300 has flipped from resistance to support and another good bullish sign, we also have a breakout of the triangle and lookig for it to close above the red lines

if your still looking to buy then wait for a pull back towards the 8800 support area and keep a fairly tight stop, but NOT too close, allow the trade some room to breathe, i suggust under the previous low to be safe

i feel that if it gores more bullish we can see bitcoin push up into the lighter gann fan area and then have that extra hidden support to the price

NOW there is a possibility if it breaks down we could see 8k area re-tested, first we need to break 8800 support and then it could go downward from there, its not likely that it will, but just keep it in mind, we are not in control here, so keep options open and always BTFD!

plz join us on our free chat and feed on telegram and hopefully our discord group will be set up as well very soon

may the bull be with you on this one!

peace out

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If bitcoin bounces and closes above 10,440 then this can put the bitcoin "bulls" back in control and open the door to potential further gains - and a likely upward trend towards 12,000 and 14,300. A move above 10,440 also means that the wave 2 correction is likely over and that the wave 3 higher is starting.

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red lines were broken downwards

could be great entry again here

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Comment:

great bounce right there, powerful move, lets see if it can hold and move up

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