First Post: I am a Cryptocurrency Trader helping everyone with trading. No, i don't ...

in hive-142013 •  4 years ago 

... post signals ⚠️

This is the BTCUSD futures 1W chart. Notice how price is at a critical point as its currently breaking the white trend-line which has held true for years. The 10500-10600 region is target #1; its a previous high. In bull markets, futures are usually higher than spot price. The next fib level on this chart at 12000 would have spot price in the mid 11000s, which agrees with the 11500 target from Monday.
If price can break and close above 14000, this is when I start to become VERY bullish on ALL timeframes. Price could easily make new highs once it gets past that 14K level as there won't be as many sellers.

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