mycotoxin

BTC - To remain Bullish stay above 8500 and close above 8600

mycotoxin Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has been stopped temporally by the MA200/MA200 cross and will need to close the daily candle above 8600 to continue movement up to 9200.
To remain Bullish and take a shot at 9200 BTC must stay above 8500 ..... Looking good so far
Comment:
There may be a pullback to the 8554 area before BTC continues further upward movement
Comment:
if BTC pulls back further than 8554 the next stop can be around 8395 - moving lower than 8395 can be problematic
Comment:

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.