Riding the Bull: Long positions activated as Bitcoin's halving sparks bullish fervor! 🚀
Major support at 52300 holds strong.
Let's soar to new heights!
#Bitcoin #Bullish #HalvingHype
In the fast-paced world of crypto trading, it's easy to get caught up in a web of complex charts and countless indicators. While there's value in detailed analysis, sometimes less is more. This is particularly true for long-term investors, who often benefit from a more streamlined approach. One such straightforward yet impactful tool is the EMA200 on Bitcoin's...
On the chart we can see symmetrical triangle formation which is neutral pattern.
In order to trade it you have to wait for the breakout with the volume increase.
Target both for short and long are shown on the chart.