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Bitcoin Trade Alert
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Bitcoin Trading Alerts

Bitcoin Trade Alert

0040 CST

Derek William Frazier
Mar 25, 2022
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Bitcoin Trade Alert
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Bitcoin has completed its task of giving breathing room to the entry at 41000 from last week.

I believe it is rising out of… 40 week cycle low having formed in February or March… it is unclear, but it is melting up peaks, and the sellers are leaving.

  • The 40 week downward VTL is broken by price as of now…

  • The 80 week FLD has just been broken by price as of now…

Hurdles exist at:

  • Major Low Volume Node (LVN) at 45565

  • Overhead resistance at 40 day VTL at 45000

Exits:

  • Value Area High is at 54100

  • Various FLD projections saying 54000

Bitcoin Volume Profile

Conclusion: Prepare for a major move to the upside

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