🔥 Bitcoin Bottom Might Be Near! Bull-Market Continued 🚀
In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future.
I want to look at two things:
- The price has hit the purple dotted support on the chart.
- The RSI has hit oversold on the 4H chart for the first time since late January, at the start of the bull-run that took us from 39k > 74k.
These two factors combined make me believe that a bottom is potentially near and that we can make a decent trade off this area. Target at 80k, stop below the March 5th dump, to create a good trade with a RR of exactly 5.
I want to look at two things:
- The price has hit the purple dotted support on the chart.
- The RSI has hit oversold on the 4H chart for the first time since late January, at the start of the bull-run that took us from 39k > 74k.
These two factors combined make me believe that a bottom is potentially near and that we can make a decent trade off this area. Target at 80k, stop below the March 5th dump, to create a good trade with a RR of exactly 5.
Ghi chú
Perfect reversal from the lineair chart. Entry hit and currently in profit.Ghi chú
🚀Ghi chú
Trade still active, playing out well.Ghi chú
Long-term update
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.