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FieryTrading
Sep 15, 2021 2:36 PM

🔥 Bitcoin Break Out Confirmed: Back To 50k Long

Bitcoin / TetherUSBinance

Description

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Yesterday I made an analysis on Bitcoin where I discussed the possibility of a break out from ht bearish channel.



As mentioned in the previous analysis, a move through the 47k - 47.5k area was for me a strong indication to be confident in a porlonged bullish move.

As seen, the price encountered only minor resistance at the 47.5k, pulled back, and went right through it a couple of hours ago.

Things are looking quite good. I'm aiming for BTC to reach 48.5k within the next couple of days. After that, 50k.

Happy trading!

Comment

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48.5k reached! New analysis soon.
Comments
Gunslinger2005
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not sure how it is confirmed. 4hour looking like it needs restest before more honestly
nothing3lsematt3r
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@Gunslinger2005, don't listen mate, bitcoin farting again , bulls say long , bears say short, just wait and watch your step
FieryTrading
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@Gunslinger2005, Confirmed or not can differ per person. In my previous analysis I stated that a break out above 47.5k would confirm the bullish move for me. Last 4H candle closed above 47.5k, we've almost grown a percent since then. Arguably you could wait longer, but this is a short term trade with a ~3% target.
nothing3lsematt3r
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@FieryTrading, each time on dump/pump , people see dearm/target on 100k , on dump others see dream on 20k , for sure dreaming are differ.. per person , big problems is:
all these shit and all market controls by damn "Theyrish" we call them "theyrish" , belive it or not , it's true, they cheating us , stupid pump/dump , without any reason , just a joke .
MirwaisSalih007
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Thanks for sharing
CobraVanguard
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Simple and Perfect! Thanks
SignalProvider
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thanks for sharing
where is your target bro?
VasilyTrader
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I have similar expectations here bro!
VincePrince
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Good idea, thanks for sharing.
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