Trading

Bitcoin - eat the dip!

BTC now is in critical point and losing the current position can mean that we will see $30k very soon.

Hello, everyone!

Today we received another one long signal for the Bitcoin and I bought even more. BTC now is in critical point and losing the current position can mean that we will see $30k very soon.

This extremely strong bullish signal is the 4h bullish divergence with the MACD. The same picture is represented on the RSI indicator (I did not ad it to make chart clear). Moreover the price is next to true trendline and reach the Fibonacci zone 27 for the last downside impulse which was corrected at least to 0.38. The current price is the really strong support level. I anticipate the move to the Fibonacci golden pocket ($44k) before the drop below $32k.

Good luck!

Trade easy with Smart tools
Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform
Get started

Similar blog posts

Experience the next level of trading efficiency