BITCOIN Going Back To $40,000?
Updated
We recently tapped multiple monthly support @$37,750 and $38,440 respectively.
We can see the markets have been creating lower highs and lows along the way.
Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.
Then we can spot a bullish divergence on the daily timeframe which adds more
confluence to this trade setup.
Buys to 40k is highly expected. a break above that level, we may see another run
to $43,000.
Don't forget to like and follow for more trading updates and free signals.
I wish us a successful trading week ahead.
#
KC #Meekhill #Meekhillacademy #RICHMMDT
We can see the markets have been creating lower highs and lows along the way.
Now my bias is bullish for the mid term. A falling wedge can be spotted and bitcoin just
rejected a key fib level.
Then we can spot a bullish divergence on the daily timeframe which adds more
confluence to this trade setup.
Buys to 40k is highly expected. a break above that level, we may see another run
to $43,000.
Don't forget to like and follow for more trading updates and free signals.
I wish us a successful trading week ahead.
#
KC #Meekhill #Meekhillacademy #RICHMMDTNote
40k tapped!
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