Greeting fellow humans.
If you read my idea last night, you were in luck. With the continous testing of the that resistance point ($39k), exssessive volume spikes and a number indications of a GREEN short term future. BTC CME Futures looks to be going into bullish territory for the first time in history as well as the hash rate being close to all time highs which may create positive hysteria leading to a new target zone. We can see on the BTC chart (4H) also has confidently moved above the EMA50 today, wh. With a 10-15% gain in the last 24 hours, we will expect a pullback to new support.
New Resistance: $45k
Support: $39,910
*remembering old hat which previously acted as support will eventually become resistant. ;)
Expect bitcoin to track sideways after yesterdays pump. However always keep an eye on key levels & indicators & Key world events. WW3 will effect the markets & Cryptocurrency is yet to live through a war, WHAT CAN HAPPEN?
I've drawn in what will happen whilst bitcoin is tracking sideways.
Think before you act, respect the charts.
If you read my idea last night, you were in luck. With the continous testing of the that resistance point ($39k), exssessive volume spikes and a number indications of a GREEN short term future. BTC CME Futures looks to be going into bullish territory for the first time in history as well as the hash rate being close to all time highs which may create positive hysteria leading to a new target zone. We can see on the BTC chart (4H) also has confidently moved above the EMA50 today, wh. With a 10-15% gain in the last 24 hours, we will expect a pullback to new support.
New Resistance: $45k
Support: $39,910
*remembering old hat which previously acted as support will eventually become resistant. ;)
Expect bitcoin to track sideways after yesterdays pump. However always keep an eye on key levels & indicators & Key world events. WW3 will effect the markets & Cryptocurrency is yet to live through a war, WHAT CAN HAPPEN?
I've drawn in what will happen whilst bitcoin is tracking sideways.
Think before you act, respect the charts.