Spotted this price-volume related pattern on BTC which shows we are heading for potential bullish breakout.
Volume structure is building up bullish bars already and which will likely breakout soonest.
Best way to trade this are well shown on the chart with its potential target.
Kindly go through the chart and do leave us your comments to let us know how you feel about our view.
Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas
Thank you.
Trade active
⋅
price approaches long zone
Trade active
⋅
Great move, price breakout from important resistance zone.
the kijun-sen is below of 200 EMA (blue line) right now. 50 EMA(orange line) is squeezing more to cross 200 EMA but not yet for sure. the price is in the ICHI cloud.
so to me if the price closes below blue line meaning more decline but if the price can overcome 50 EMA and close upon the cloud yes it can
hit your goal. we have to wait to see where BTC to choose