Bitcoin RENKO Strong Buy Signal | Dec. 2020 Support Activated

22 ביולי 2022

Bitcoin activates a very strong support level on the RENKO charting system for the first time since December 2020.

We have a new buy signal/green brick that is yet to be set.

With a close above $24,000, this buy signal is confirmed and points to a change of trend.

We are talking about a nice potential here.

Short-term, the first target is set at $28,000 or EMA10.

This is followed by $33,333 on EMA21 and finally $40,000 at EMA50.

These levels can be easily hit once this buy signal is fully confirmed.

Namaste.