Bitcoin down 2.37% is getting support at the 200EMA
Updated
https://www.tradingview.com/x/Yuoy6njp/
I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off.
I see on the mid-timeframes that bitcoin is getting support on the 200ema.
My analysis is that Bitcoin is going much much higher soon.
The weekly cup n handle system on the weekly is a mammoth system.
I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off.
I see on the mid-timeframes that bitcoin is getting support on the 200ema.
My analysis is that Bitcoin is going much much higher soon.
The weekly cup n handle system on the weekly is a mammoth system.
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I got long on bitcoin. I like the momentum price is getting from the oscillators coming out of their oversold positions.Trade active
I have a Long position in Bitcoin I took about 30 minutes ago. I never bet big with bitcoin however I wish this was not the case when it's price-action jumps upwards out of the weekly cup n handle which I predict to happen within a month.
Here is the current 4HR chart for bitcoin in bollingerbands you can see the selling volatility has eased and this thing is getting a tone of support from the momentum Oscillators right now.
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You can see price found support on the purple 200emaNote
See here this 2m chart...Bitcoin has been moving around in this 2m triangle for the past 24 hours. A triangle it is about to jump out of to higher prices.
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Guys, Bitcoin opened the New Zealand Wednesday trade-day down 6% at the open. However, I am watching the RSI & STOCHASTICS 4HR & HR and it could a bit of a run soon. It will depend on whether its oversold state attracts enough buying. I will let you know.
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