Bitcoin Mixed Signals (Mid-Term D TA)
On the daily timeframe for Bitcoin, we have some clear signals but they can be mixed if one does not know what to look for.
We have a strong bounce on the 24-Jan. daily candle which pushed prices above EMA50 ($42,900), but the trading volume continues to be very low.
We are bullish above $45,850 for BTCUSD.
The correction can resume below $40,500 if prices drop.
The longer Bitcoin stays range bound, the higher the potential for the Altcoin to grow.
Patience is key.
Come back for more.
Namaste.
We have a strong bounce on the 24-Jan. daily candle which pushed prices above EMA50 ($42,900), but the trading volume continues to be very low.
We are bullish above $45,850 for BTCUSD.
The correction can resume below $40,500 if prices drop.
The longer Bitcoin stays range bound, the higher the potential for the Altcoin to grow.
Patience is key.
Come back for more.
Namaste.
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🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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