An overall bullish set up for Bitcoin.
Bitcoin Perpetual Futures FTX:BTCPERP
Why so?
Because:
1) There was an EMA cross 20/50 on March 24TH;
2) RSI looks positive since January 22, confirmed on February 21 and lately on March 13, making even higher minimums;
3) Volumen is positive though seems to weaken over the last 2 days (do keep an eye on this item to confirm set up);
4) Key Fibo level of 0.236 ($41,426) looks to be the present support level (pretty decent high support);
5) Lastly, $45,429 prior max is now under attack!
Overall: Quite a bullish set up for bitcoin .
Targets:
- Prior Max @ $45,429
Fibo 0.382 Level @ $46,753
Fibo 0.5 Level @ $51,059 baby!
