BitcoinLong
BTCUSD LONG
Updated
my current charting on BTCUSD Long
4h Chart,
(Gross) - BOTTOM of Ascending Channel + coming OUT of Descending Flag
(Moving Averages) - EMA 20/30/50/100/200
-200d MA is now a resistance level
-NOTE* 200d MA has leaked out of Ascending Channel
Great Entry Buy: if we stay within channel
Terrible Buy if: it will dip out of the ascending channel
4h Chart,
(Gross) - BOTTOM of Ascending Channel + coming OUT of Descending Flag
(Moving Averages) - EMA 20/30/50/100/200
-200d MA is now a resistance level
-NOTE* 200d MA has leaked out of Ascending Channel
Great Entry Buy: if we stay within channel
Terrible Buy if: it will dip out of the ascending channel
Note
30m VS. 4hr (Gap is big but nice to see the overall picture a bit)Note
on 1wk, a "Long Legged Doji" is forming on the bottom of ascending channel, potential reversal OR consodilidating periodIf it is the bottom a prime entry would be 77
Note
UPDATE:Summary
We are above 50/100/200 MA, and the 20 MA at (+) slope, looking very bullish
Note
15min/1hr chart, looks like a blast off to meNote
Note
UPDATEand chart just now reversed into bullish
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