Long

BTCUSD (4h): 11150 - next possible target

Updated
Hello my friends and follower!

Situation: Sideways, near end of reaccumulation, further slow up.

Possible buy at 4 HOURS based on my technical analysis:

- Buy signals from my oscillators based on MA, EMA, LSMA, RSI and STOCH (Uptrend)
- Above LSMA310 15 Minutes (aqua line) - short term support, can be used as a buy
- Above LSMA310 Daily (whitle line) - long term support, is holding
- Under MA310 4h (red line) - Attraction
- Bollinger Band 62 (golden ratio) is above the middle line (green line) and is squeezing, move is coming.
- Support at trend line
- Break resistance (trend line without wicks)

Target 1: Reached
Target 2: 11150


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Let's see what happens.
Happy trading. :-)


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Note
zoom in to 15 minutes:

snapshot
Note
green buying signal from my trend indicator at 15 min.

snapshot
Note
slowly up trend still okay. we got the next green buy signal. bollinger band squeezing. still above daily ema310.

snapshot
Note
short after red sell signal ...

snapshot
Bitcoin (Cryptocurrency)bitcoinforecastBTCBTCUSDbtcusdanalysisbtcusdlongBTCUSDTChart PatternsTechnical IndicatorsTrend Analysis

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BTCINVESTING 😃
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