BITCOIN, KEY LEVEL!
Hello fellow traders and investors, here's another trade idea.
BITCOIN has reached a key level that acts as a resistance. BITCOIN could potentially pull back to the trendline or break through the resistance area .
Technicals:
The Macd indicates that BITCOIN is reversing
The Ema's indicate that BITCOIN is in an uptrend
When To Buy:
When price completely breaks through the resistance area.
When To Sell:
I would personally hold for the longer term however if you're looking for a quick trade then I would hold till EMA's crossover to the downside then you should sell.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow and comment your thoughts.
Thanks.
BITCOIN has reached a key level that acts as a resistance. BITCOIN could potentially pull back to the trendline or break through the resistance area .
Technicals:
The Macd indicates that BITCOIN is reversing
The Ema's indicate that BITCOIN is in an uptrend
When To Buy:
When price completely breaks through the resistance area.
When To Sell:
I would personally hold for the longer term however if you're looking for a quick trade then I would hold till EMA's crossover to the downside then you should sell.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow and comment your thoughts.
Thanks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.