BTCUSD LONG
Updated
BTC is in for last retest before a pump. There are 3 possible scenarios on my chart when to open a long position. Anything above 37k on a daily candle and bull is continuing as planned.
BTC found a strong support in the area of 38500-39000. It will be hard to break for Bears, RSI resetting nicely on lower timeframes.
I’m using line not candles on my chart because the only thing that matter for me is where it is closing on daily. Than I’m trying to find an entry on 5min chart. My analyse is based on Bitcoin Cycle Repeat from last 1458 days.
BTC found a strong support in the area of 38500-39000. It will be hard to break for Bears, RSI resetting nicely on lower timeframes.
I’m using line not candles on my chart because the only thing that matter for me is where it is closing on daily. Than I’m trying to find an entry on 5min chart. My analyse is based on Bitcoin Cycle Repeat from last 1458 days.
Comment
Targets were hit perfectly. In my opinion we are in for a bull to at least 48-52k region.Comment
Breakout from this are expected.
Comment
Hope you opened long positions, BTC will attack 200D MA - target: 49-58k.
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