BITCOIN BULLISH OUTLOOK 📈

in Banking and Finance2 years ago (edited)

Morning to every one and to all traders out there we have been experiencing sell-off on crypto market since last year (2021)on november to date, as we are in corrective wave 🌊 i expect to see bullish 📈 move on crypto market from this point for some reasons behind technical analysis, see image below for reference

https://www.tradingview.com/x/7XGE7SRz

Bitcoin fails to close its Daily candle below its previous low we may see shifting in momentum and good sign for buyers, see image below for reference

https://www.tradingview.com/x/i93Qwqgc

Also we see a nice rejectio on 4H TF after retesting its previous low see image below for reference

https://www.tradingview.com/x/R68Srq2Q

Entry should be taken in 1H TF lets wait for price close above 50EMA for more clarity even we have a broken structure on 15M TM ,we take entry on pull back above consodition area or 15M consolidation area see image below for reference

https://www.tradingview.com/x/wVHd0KMP

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