For those who have followed the previous posts I published on Bitcoin, you will already know what my view is, if you haven't seen my posts go and see them in my profile.
Today I go into detail by analyzing the latest daily candles.
Since the last post we have seen a rapid exit from the bullish channel highlighted in which I had signaled the Long entry which took place successfully.
After the upward movement we see a slowdown in prices in the 30500 area, where the candles following that of June 23rd are almost all inside bars, therefore according to my method, NOT tradable candles.
I have highlighted the highs and lows of the candle of 23 and we see an exit on the candle of June 30 which causes the start of the second swing in favor of the bullish structure highlighted by the yellow color of the candles.
The price continues its lateralization approaching the LuBot TrendCloud and today showing another Long trigger on swing number 3.
This could be the trigger that could lead prices to the 34500 area considering the more positive view (green path).
The other 2 views are both positive but see a major correction / lateralization before arriving at the 34500 area.
In any case, the view remains positive.
👍 What do you think? If you also agree with my view leave a like 😁
💖 Remember to follow me so you don't miss my future analyses.
📊 Get access 🔑 free to all my indicators for a week,
message me to find out how to get FREE access for life 💥
Today I go into detail by analyzing the latest daily candles.
Since the last post we have seen a rapid exit from the bullish channel highlighted in which I had signaled the Long entry which took place successfully.
After the upward movement we see a slowdown in prices in the 30500 area, where the candles following that of June 23rd are almost all inside bars, therefore according to my method, NOT tradable candles.
I have highlighted the highs and lows of the candle of 23 and we see an exit on the candle of June 30 which causes the start of the second swing in favor of the bullish structure highlighted by the yellow color of the candles.
The price continues its lateralization approaching the LuBot TrendCloud and today showing another Long trigger on swing number 3.
This could be the trigger that could lead prices to the 34500 area considering the more positive view (green path).
The other 2 views are both positive but see a major correction / lateralization before arriving at the 34500 area.
In any case, the view remains positive.
👍 What do you think? If you also agree with my view leave a like 😁
💖 Remember to follow me so you don't miss my future analyses.
📊 Get access 🔑 free to all my indicators for a week,
message me to find out how to get FREE access for life 💥
LuTrader Garage : linktr.ee/LuTraderGarage