razvantomescu

BTCUSD - THE BULLS take control? When will we hit the new ATH?

Long
KRAKEN:BTCUSD   Bitcoin
Hi Everyone.

I was looking at the bigger timeframes and I saw this repeating Bullish Flags
I've published this chart on a Daily timeframe to see also the Elliott Waves that predict the trend change.
We have a great support at $40.000, the Stochastic RSI, RSI + MACD, prepare to go up and if it will continue, we will start a new rally for the ATH. Comparing the other uptrends timeframes it is possible to see a new ATH in May.

Don't forget to hit Like button if you agree with my idea.
Disclaimer: I am not an analyst, do not throw stones at me, I am just sharing my thoughts.

Regards,
Razvan
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.