BITCOIN Going Back To $40,000?

Bitcoin Going Back To $40,000?

BTCUSDT Perpetual Contract BYBIT:BTCUSDT

RICHMMDT

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

You might be interested in …

Trading View May 15, 2022

Bitcoin forming ih&s

Bitcoin forming ih&s Bitcoin / TetherUS BINANCE:BTCUSDT george_searchingforanumber Bitcoin forming an inverse head and shoulders . It broke and retested the mini inverse head and shoulders that formed in the middle of this descending broadening […]

Trading View March 2, 2022

GRT SHORT 4H

GRT SHORT 4H GRT / TetherUS PERPETUAL FUTURES BINANCE:GRTUSDTPERP reiiss7 GRT/BTC looks Bad BTC also needs to dump at some point very soon the combination makes a Low Risk/High Reward trade for GRT SHORT, 1:6 […]

Trading View March 28, 2022

Bitcoin BTC: $50,000+ in the chart!

Bitcoin BTC: $50,000+ in the chart! BTC/USD COINBASE:BTCUSD CRYPTOPICKK Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Bitcoin ( BTCUSD ). In the short term, BTC […]