I'm going to make a bullish prediction move to $40k. It's a bit risky because price is currently below the key $28-32k (grey box and yellow arrows) zone which is a tough area for price to break through, though the action looks positive and I feel that it's slowly winding it's way to the upside.
If price dips below $24k, then the idea is DOA.
If price dips below $24k, then the idea is DOA.
Trade active:
$32k breakout to $37k should be a fairly quick one. I doubt there is a lot of volume in that space to slow it down. Looks like it could happen in the next week or so.
Comment:
$40k has been hit, but there looks to be enough power in it to go to $45k next. Long and strong!
Trade closed: target reached:
Bit late updating this idea.