Nungari

Bullish run loading on BTC

Long
BITFINEX:BTCUSD   Bitcoin
BTCUSD is expected to trade much higher towards the end of this month with a rally targeting the $35k mark. To get here, a series of short burst bullish trends will be visible on the daily and weekly TF. Selling pressure has died off as per my sentimental and technical analysis which is confirmed by price trading above the $21k mark. It is the best entry for the bullish move. Has less risk and high reward overall. If the price falls below the level of a weekly close much lower the setup will be confirmed to have failed. Bullish pressure will be confirmed on higher highs on the daily TF and the 4H and 1H as well.
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