Bitcoin Move up to 44.3-44.5k

Bitcoin / Tether KUCOIN:BTCUSDT

Pulkanatir

Hey Traders,

As you can see on the Daily Chart of Bitcoin ( BTC ). The price action has formed a falling wedge . The Elliot wave count shows that the breakout is imminent. The ema’s are for decoration. We have hard resistance right now because not only is it a trend- line but there is also the orange basis ema of the daily Bollinger band in the same spot. Additionally, the MACD histogram will flip green soon indicating an uptrend! But expect a retracement up to the golden pocket near 44k!

Safe Trading,

-Pulkanator

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