Hi traders,
1 day chart shows a bullish pin bar, which normally acts as a reversal
I am not saying this is the bottom of Btc, but this pin bar, coupled with a bullish divergence and low rsi, and a broken local trend line gives the possibility to see Btc raise to around 8150$
There is still some resistance at 7200, so a break above 7200 with a candle acting as a support above this resistance level would confirm the possibility to see some more bullishness
There was some interesting random pump happening, they might keep on appearing up to some certain levels
This might actually be the double bottom formed with the February lows, even if Btc reached 6400 instead of 5800, a double bottom does not necessary gives some bullish patterns at an exact accurate same value reached
Risky time to short right now
GL
1 day chart shows a bullish pin bar, which normally acts as a reversal
I am not saying this is the bottom of Btc, but this pin bar, coupled with a bullish divergence and low rsi, and a broken local trend line gives the possibility to see Btc raise to around 8150$
There is still some resistance at 7200, so a break above 7200 with a candle acting as a support above this resistance level would confirm the possibility to see some more bullishness
There was some interesting random pump happening, they might keep on appearing up to some certain levels
This might actually be the double bottom formed with the February lows, even if Btc reached 6400 instead of 5800, a double bottom does not necessary gives some bullish patterns at an exact accurate same value reached
Risky time to short right now
GL
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7200 broken
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Because of the yesterday small local pumps that artificially maintained the price of Bitcoin above the 6.500$, the target of 8.150$ is still a possibility.
I am not saying it will happen, but it remains possible.
I am not saying it will happen, but it remains possible.
Комментарий:
We briefly reached 8090$
8150 is still a possibility
8150 is still a possibility
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