Farid-110

Bitcoin ... stay or go ... ???

Farid-110 Updated   
BITFINEX:BTCUSD   Bitcoin
The situation is dangerous.
EMA 200 and EMA 50 crossed over. Crossroads of Death ...
Sales volume is low.
There is also bad news.
The indicator of fear and greed is intense fear.
Bitcoin lost its support one by one and now there is only one line of support to save Bitcoin from falling into the valley.
But ...
Despite all these frustrating situations, I still think that Bitcoin has made incredible moves in these very moments.
Will Bitcoin take the market by surprise?
Note the RSI. It is in a good place.
It's like Bitcoin, when everyone is disappointed in him, his engine starts.
This market is very wild...
Trade closed: target reached:
Bitcoin is expected to reach its first target of 38,000.
Let's see if it will go according to my prediction? Or not...
Trade active:
Bitcoin reached 35,000.
Although it is likely to fall to 20,000, it is more likely to rise.
Of course, the rise of bitcoin in this situation, after a lot of settling, will be between 34 and 40,000 dollars.
I think arrival time is a stepping stone to shopping.
Trade active

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.