Hi, crypto traders.
BTC is still in a sideways market, but it’s close to going into Up Trend.
Finally, 80h line (blue) reached 240h (green) line and will break to the upper side.
If the candle keeps over 20h (red) line, the trend will be Great Up Trend.
However, the concerning point is it looks there is no power to go up…
We can wait and see a little bit more, then make trading strategy.
If BTC goes up:
1st target is 57,500USD
2nd target is 65,000USD
If BTC goes down:
1st target is 53,300USD (Cross point with 80h line)
2nd target is 47,500USD
3rd target is 46,300USD
Enjoy your trading.