Today we received another one long signal for the Bitcoin and I bought even more. BTC now is in critical point and losing the current position can mean that we will see 30k very soon.
This extremely strong bullish signal is the 4h bullish divergence with the MACD. The same picture is represented on the RSI indicator (I did not ad it to make chart clear). Moreover the price is next to true trendline and reach the Fibonacci zone 27 for the last downside impulse which was corrected at least to 0.38. The current price is the really strong support level. I anticipate the move to the Fibonacci golden pocket (44k) before the drop below 32k.
Good luck!
DISCLAMER: This is not a financial advice, do you own study before making a decision on the real market. If you decided to follow the idea in this article, please restrict your risk to 0.5%-1% of your entire deposit.
more likely btc is going to 34k than 44K , don't like your chart is not accurate
Skyrex
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@PensieriParole, when the price go according to analysis people write that it's accurate. when the opposite is true - not accurate. What I want to tell with this fact? Every trader have true or false predictions. But only money/risk management can make your trading profitable or losing. Think about it!