CobraVanguard

BTC's Full Detailed analysis! Some Hope Still Remains!

Long
COINBASE:BTCUSD   Bitcoin
Hi every one
Bitcoin / U.S. Dollar


BTC has Done a Heavy Correction Recently! But This Might be over! as you can See BTC has fallen Multiple times Due To Rising Wedge Pattern! If we Extend our View We can See a Dynamic Support (Drawn with a White line!) Which BTC has Touched 3 Times Until now! The last Touch was Accrued only 3days ago! Not only That But we can See Hidden Bullish Divergence (+HD) on Both MACD and RSI Indicators as Well! which Is a Strong Bullish Sign! Due To This Bullish Signs , we Think That BTC can Do a Massive Bullish Movement Which is Gonna Reach It's ATH once again But It won't be Without Difficulties. There are 2 Strong Resistances! Which one Sits at 55k and another one is around 60k . Bitcoin will React to these Resistances and after a little bit of correction, It will Continue It's Bullish Trend!

Summery:
-BTC has Dumped Heavily Recently
-Touched The Dynamic Support Recently.
-(+HD) on Both MACD & RSI
-It can Start a Bullish Trend Now!
-Resistances at 55K & 60K!

💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck

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