Slowly but surely Bitcoin (BTCUSD) is starting to recover.
Here we are looking at the short-term chart, 4h timeframe.
We can notice the classic cup pattern starting to form, this is very common when a bottom/low takes place.
After the cup pattern a bullish jump tends to follow.
We have bears and bulls fighting with EMA50 being the next immediate resistance at $43,195.
This is our last barrier short-term, if EMA50 can be taken out we can look forward to $48,000 and beyond.
Additional details on the chart.
Check the related trade ideas below for previous articles.
Thanks a lot for your support.
Namaste.
Here we are looking at the short-term chart, 4h timeframe.
We can notice the classic cup pattern starting to form, this is very common when a bottom/low takes place.
After the cup pattern a bullish jump tends to follow.
We have bears and bulls fighting with EMA50 being the next immediate resistance at $43,195.
This is our last barrier short-term, if EMA50 can be taken out we can look forward to $48,000 and beyond.
Additional details on the chart.
Check the related trade ideas below for previous articles.
Thanks a lot for your support.
Namaste.
🪄 Free Magic ✨ Numbers
alansantanatrades.com
🚨 PREMIUM Cryptocurrency Trade-Numbers
(Since 2017) 👉 lamatrades.com
🔝 Join me on Telegram... 10,000+ Charts!
t.me/alansantana1111
🎁 Tips | t.me/asdons
alansantanatrades.com
🚨 PREMIUM Cryptocurrency Trade-Numbers
(Since 2017) 👉 lamatrades.com
🔝 Join me on Telegram... 10,000+ Charts!
t.me/alansantana1111
🎁 Tips | t.me/asdons