$BTC
Hello, guys. This is your captain speaking. How are you all? I have a good news and a bad news for you.
The good news is Bulls are showing strength. In my previous analysis, I clearly said that Bulls are gaining momentum (check first screenshot or quoted post) and Bears are not have much time! And look at the chart, the downtrend that started after 20th January has finally been broken after 10th attempt. The more time price spend here, the more will be better for the bulls. First target should be $88420
And the bad news is that, this breakout has occurred in weekends with less volume. So, you should be cautious here. Also, price is still in my green rejection box and trust me, you do not want to buy in my green box. Below there is yellow and white box where the price should visit in case of rejection from the green box.
Captain, I am confused. Give me one sided analysis, please?
Glad you asked. Here's my one sided analysis. I will buy either a daily candle close above the green box or in the white box. Here, I'm cautiously observing the market. I am bullish here. Any dips will be a buy for me.
GOOD DAYS AHEAD. GET READY FOR ONE LAST DANCE.
As always, give me a like, follow me, share and comment if my contents help you.
HAPPY TRADING 🫡
