Bitcoin about to explode? Indicators say 'yes' to 8.8k
Bull Run on the way: Mastercard positive news, institutional investors lining up to buy BTC, shorts being liquidated as we increase price, see Tom Lee's video on 30% below 200 on youtube.
As you can see, the 20EMA has crossed the 50 and the 200. Indication of buy signals.
Also, buy volume is large not small.
MACD above 0. Also above my orange trend line in MACD as shown and on the way to the green one.
Inverse H&S patterns shown by green line (2 of) confirm bull run. Larger inverse h&s in light blue triangles.
Orange lines indicate upward trend channel, dark blue lines indicated the downward trend channel BTC just broke out of.
Heavy resistance shown in red.
Looking at $8800 as first target due to heavy resistance at that price level. 10k if breaks through there, but as always, check the indicators and monitor.
Binance referral signup link: www.binance.com/?ref=128020...
Website: howtobuybitcoindotnetdotau for full video analysis.
This is not investment advice. Trade at your own risk and only what you can afford.
Happy trading everyone, Let's make some money!!
HTBB
As you can see, the 20EMA has crossed the 50 and the 200. Indication of buy signals.
Also, buy volume is large not small.
MACD above 0. Also above my orange trend line in MACD as shown and on the way to the green one.
Inverse H&S patterns shown by green line (2 of) confirm bull run. Larger inverse h&s in light blue triangles.
Orange lines indicate upward trend channel, dark blue lines indicated the downward trend channel BTC just broke out of.
Heavy resistance shown in red.
Looking at $8800 as first target due to heavy resistance at that price level. 10k if breaks through there, but as always, check the indicators and monitor.
Binance referral signup link: www.binance.com/?ref=128020...
Website: howtobuybitcoindotnetdotau for full video analysis.
This is not investment advice. Trade at your own risk and only what you can afford.
Happy trading everyone, Let's make some money!!
HTBB
Comment:
Feel free to view my last few predictions which have been 80%+ accurate on my website or youtube channel to give you a gauge on whether to follow. All good, happy to provide anyone with free information to make money, it's in my nature. Obviously not everyone's cup of tea so please comment to give me any feedback.
Comment:
Tracking along just as expected.
Comment:
Tracking just as we stated on our update post showing overall chart. Now for the flag at 8.25k after it bounced off our green mean trend line. 27th/28th we expect another gain to our first target of 8.8k where we will then reevaluate the current bullish trends to see if more gains can be expected.