BitcoinLong
BTC/USD - 4H Chart - 26.02.18
Dear Viewers,
BTCUSD broke through the 10k resistance like a hot knife through butter ! Momentum is building up and i think the bulls are looking to go and tickle the 10.7k resistance toes.
MACD = Crossed upwards = Bullish
RSI>50 = Bullish
Huge triangle taking shape, As you can see i drew a green dotted triangle, ifBTCUSD stays inside of this triangle, the bulls are going for a HOME RUN !
Let's cross fingers and keep an eye on the charts.
The 1 DAY chart shows us a RSI higher than 50, so ther is plenty of space forBTCUSD to grow furthermore before being over bought.
THe 1 Day chart also shows us a bounce back from the MACD which was going to cross down but not anymore !
I'm very Bullish on this run, IfBTCUSD finds a way to stay above the 10k level, i'm sure to say that we are going to cross that VIRL (Very Important Resistance Level) very soon, if BTCUSD Momentum continue too grow !
IfBTCUSD doesn't close the day above 10k, then we might see it drop back to 9.5k waiting to create another bull run.
Thanks for reviewing my first analysis on trading view, don't forget to follow me and to leave behind any comments on what you think about this.
Raw_Blitz out.
BTCUSD broke through the 10k resistance like a hot knife through butter ! Momentum is building up and i think the bulls are looking to go and tickle the 10.7k resistance toes.MACD = Crossed upwards = Bullish
RSI>50 = Bullish
Huge triangle taking shape, As you can see i drew a green dotted triangle, if
BTCUSD stays inside of this triangle, the bulls are going for a HOME RUN !Let's cross fingers and keep an eye on the charts.
The 1 DAY chart shows us a RSI higher than 50, so ther is plenty of space for
BTCUSD to grow furthermore before being over bought.THe 1 Day chart also shows us a bounce back from the MACD which was going to cross down but not anymore !
I'm very Bullish on this run, If
BTCUSD finds a way to stay above the 10k level, i'm sure to say that we are going to cross that VIRL (Very Important Resistance Level) very soon, if BTCUSD Momentum continue too grow !If
BTCUSD doesn't close the day above 10k, then we might see it drop back to 9.5k waiting to create another bull run. Thanks for reviewing my first analysis on trading view, don't forget to follow me and to leave behind any comments on what you think about this.
Raw_Blitz out.
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