Are we finally going up? It’s quite possible!
Market Context
Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in!
Bullish Signals
• Weekly Liquidity: There’s a ton of liquidity above $72K, and Bitcoin loves to chase liquidity.
• Bullish Divergence: On the daily chart, we see a bullish divergence forming. This is often a precursor to significant upward moves.
• Weekly Uptrend: We’re still trading within an uptrend on the weekly chart.
• Engulfing Candle: A huge bullish engulfing candle post-divergence indicates that the bulls are back in action.
Strategy
I’m betting on a substantial upward move for BTCUSDT. Targeting $SWB:69K as TP1, and who knows? $100K could be on the horizon. It’s not just a dream—it’s a real possibility given the current setup.
Action Plan
Going long on BTCUSDT. Let’s ride this wave and aim high!
Good luck, everyone! 🚀🌕
Market Context
Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in!
Bullish Signals
• Weekly Liquidity: There’s a ton of liquidity above $72K, and Bitcoin loves to chase liquidity.
• Bullish Divergence: On the daily chart, we see a bullish divergence forming. This is often a precursor to significant upward moves.
• Weekly Uptrend: We’re still trading within an uptrend on the weekly chart.
• Engulfing Candle: A huge bullish engulfing candle post-divergence indicates that the bulls are back in action.
Strategy
I’m betting on a substantial upward move for BTCUSDT. Targeting $SWB:69K as TP1, and who knows? $100K could be on the horizon. It’s not just a dream—it’s a real possibility given the current setup.
Action Plan
Going long on BTCUSDT. Let’s ride this wave and aim high!
Good luck, everyone! 🚀🌕
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.