WBM_Team
Long

BTC – is the new uptrend in force? Looks like it is!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi Guys!
Bitcoin is not falling down significantly anymore. Such positive uptrend is organic and it lasts over a week with very nice break out from the rectangular triangle. This is really important as such shape is considered as a neutral. If we managed to break it up without any significant wow information from the market it means this is a BIG thing.

So my dear here are technical analysis details:

• Rectangular triangle defeated – great
• 3 EMAs broken (9, 21, 50)
• The next resistance to break is $6600
• One EMA (100) more to break left. This is at the level of $6680.
• If we break the next resistance at $6800 we can say we have the beginning of the trend reversal
Ichimoku Cloud – The price chart has broken the TenkanSen (red line). A long way to break KijunSen (blue line) by TenkanSen. For this we
have to wait a couple of days more.
MACD – bull’s cross observed
• Weis Waves – correction is gone and decent demand has shown up.
Chaikin Money Flow – there is a pressure on the price and it is growing.

So right now it is crucial to break $6600. If it happens we will go north. We fail we may have a correction as low as $6375.

Stay positive. Don’t panic. BE AMBASSADOR of Bitcoin and crypto.
You are the part of this and you have an influence on their perception.

Stay tuned.

Thank you for all likes and comments.
You are AWESOME.

WBM Team loves you <3<3<3

Massive Hugs!
Comment: Ichimoku Cloud
Comment: MACD & CMF & Weis Waves
Join our free Telegram channel.

https://t.me/WBM_trading

🏆 VIP Group

✅ Binance, Bittrex, Forex

✅ Premium crypto and forex signals

✅ Real - time support

✅ Exact instructions (buy, sell, stop-loss)

Related Ideas

gains gains gains. 50% gain in BATBTC. Copycats must chill. click play. enough said.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out