Hi, crypto traders.
BTC is in an uptrend now.
The price suddenly went up and broke my target: 56,000USD and also broke 80h (blue) line. Because the sequential order is candle > 20h (red) line > 80h (blue) line > 240h (green) line, the trend is an uptrend. If the price continues to go up and breaks 59,000USD, the trend will be a Great Uptrend.
However, since MA lines are very close, the trend will change easily. If the price goes down and breaks 80h (blue) line and 240h (green) line, the trend will change to a sideways market. We can wait and see the next move today.
Today’s Check Points
- The price continues to go up and breaks 59,000USD?
- The price goes down and the candle breaks 80h (blue) line and 240h (green) line?
TODAY’s Target Price
◇BTC goes up◇
- 1st target: 59,000USD
- 2nd target: 65,000USD
◇BTC goes down◇
- 1st target: 52,300USD
- 2nd target: 46,900USD
Enjoy your trading.
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