btc long position

15 Mar 2022

Technically, bitcoin is in a significant area on a daily basis.
rsi has touched its daily downtrend line, in case of failure of which the mentioned targets can be imagined.
The chart is also pullback after the failure of a daily static resistor. The main point is to reduce the strength of the previous downtrend and create a uniform and even higher ceiling, which indicates that the downtrend is turning into suffering.
This divergence and weakness of the downtrend increases the probability of growth and the beginning of the uptrend
There is still an upward trend in the weekly period
Of course, we must consider the important news of the coming days

Keep in mind this is just an analysis and not a buy or sell signal
have a nice day

like and comment your idea please

16 Mar 2022

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first tp touched 40382$

16 Mar 2022

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The weekly and daily rsi resistance is well broken in 4 hours and is heading towards the saturation zone. In this case, we can consider the $ 44,000 target.
mfi shows us a good amount of capital.

16 Mar 2022

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tip: Closing the daily candle above the blue Ichi Moko line could be a good signal to break the resistance ahead.
In this case, we can see the candle coming out of the thin part of the cloud
Be sure to monitor