BTCUSDT | UP UP UP!
Are we finally going up? It’s quite possible!
Market Context
Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in!
Bullish Signals
• Weekly Liquidity: There’s a ton of liquidity above 72K, and Bitcoin loves to chase liquidity.
• Bullish Divergence: On the daily chart, we see a bullish divergence forming. This is often a precursor to significant upward moves.
• Weekly Uptrend: We’re still trading within an uptrend on the weekly chart.
• Engulfing Candle: A huge bullish engulfing candle post-divergence indicates that the bulls are back in action.
Strategy
I’m betting on a substantial upward move for BTCUSDT. Targeting SWB:69K as TP1, and who knows? 100K could be on the horizon. It’s not just a dream—it’s a real possibility given the current setup.
Action Plan
Going long on BTCUSDT. Let’s ride this wave and aim high!
Good luck, everyone! 🚀🌕
Market Context
Bitcoin is showing strong signs of a potential upward movement. Despite a poor weekly candle close, this might be a clever fakeout designed to shake out the shorts. Let’s dive in!
Bullish Signals
• Weekly Liquidity: There’s a ton of liquidity above 72K, and Bitcoin loves to chase liquidity.
• Bullish Divergence: On the daily chart, we see a bullish divergence forming. This is often a precursor to significant upward moves.
• Weekly Uptrend: We’re still trading within an uptrend on the weekly chart.
• Engulfing Candle: A huge bullish engulfing candle post-divergence indicates that the bulls are back in action.
Strategy
I’m betting on a substantial upward move for BTCUSDT. Targeting SWB:69K as TP1, and who knows? 100K could be on the horizon. It’s not just a dream—it’s a real possibility given the current setup.
Action Plan
Going long on BTCUSDT. Let’s ride this wave and aim high!
Good luck, everyone! 🚀🌕
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