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Good Morning Crypto !!
Quick Bitcoin Analysis đ
Bitcoin touched our first area of interest 62.5K
As mentioned in our previous video, $BTC will face some resistance in this price zone. So be careful of #altcoins.
Bullish confirmation above 62.5K,
CME Gap also got filled â
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PITBULL SHORT TERM FORECAST At the moment PITBULL is trading at 35. As I've mentioned the other day, the buy volume is piling up, and the selling pressure is growing weak. Candles has officially toppled down the 32-33 resistance. So what's next? We'll if you take a look at the daily chart, an Ascending channel is forming. In the past, Ascending channels has always been the best resistance breaker. This is a good sign since PIT has a major KDJ resistance waiting at 42-44. So I'm anticipating a further upside momentum, since 53 is still the ultimate chart and KDJ target. However, expect a rough ride along 42-44. Hold tight. Pit is going up.
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Pit is heading up now. The buy volume is piling up like wildfire, it's unstoppable. If you're stacking PIT, follow me and the Pitbull page đ
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PITBULL SHORT TERM FORECAST At the moment, PITBULL is trading at 32. A few hours ago, a green candle closed at 33. The 1H KDJ oscillator has detected so much volume at 33. The buyers are slowly invading the 32-33 resistance zone. A clear sign that the selling pressure along this zone has subsided. PITBULL is generally heading up. Upside target is still 53. If you'd like to add more token, now is still a good time to stack.
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Way back when BTC was trading at 54k, we have anticipated price recovery and more upside movement. Right now BTC is trading at 60k which is proof that the KDJ oscillator is simply 100% accurate in predicting market trends. So where is BTC going now? If we check KDJ, no doubt, 65k is the next easy target. The daily and hourly KDJ has been detecting so much buy volume recently. Yes, whales and retail investors are buying in FOMO. As per KDJ data, lots of buy orders are left at 58.5k-59.5k. These massive buy orders will be filled if price dives to this zone. So here's the trade plan. Ideal position is LONG, but always make an entry at support, which is 58.5k-59.5k. Take profit at 65k. If you're in in futures don't forget to put a tight 2% stop loss. BTC is trekking along its major resistance zone which is 60k to 65k. Anything can happen at this point, but since we have so much buy volume, upside movement is most likely. FOLLOW for more. By the way, check out PITBULL if you haven't. Its my favorite meme coin, see if you'd like it too. đ
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PITBULL SHORT TERM FORECAST At the moment PITBULL is trading at 32. Yesterday's candle close at 32. Candles are right now invading the 32-33 resistance zone. A strong sign that majority of the pending sell orders has been filled. Right now, Pitbull is just waiting for the buy orders to pile up. Once that happens, 53 is still the ultimate upside target. If you'd like to add more tokens, now is still a good time.
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