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Sultan_of_Chart
Apr 30, 2021 4:15 AM

BTC ready to bounce- $57k Long

Bitcoin / United States DollarCoinbase

Description

BTC making a rounding top amid a bullish trend. If we hold above the $53,500-53,700 range, BTC should bounce on increasing volume and start a new uptrend to 57k.

If we fail to hold the dashed white line, things could get ugly.

- Sultan of Chart

Comment

Strong bounce on good volume, as predicted. It has moved a lot faster than we expected, but who's complaining? Wouldn't be surprised to see us slow down before breaking the 0.618 fib line but staying long

Trade closed: target reached

Comments
adamstryer
Nice call so far (no jinx)
dianaelena27
Again is look over sold 😳... How the volume can increase is over sold again😔😔😔.. Keeping the price up and gambling is gonna to be ugly especially cause weekend is coming.
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