UnknownUnicorn180388

Bitcoin - All Eyes On $6,900

COINBASE:BTCUSD   Bitcoin
Trade Pair: BTC.USD
Time Frame: Daily
Predicted Direction: Long ( $6,910 Required )

BTC.USD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
Comment:
Comment:
Comment:
For those who have asked for more information on the 50EMA, i have attached below for you.
Take a look at your 1hr BTC.USD chart to see if you can identify trade setups.

Comment:
Although i'm bearish from a macro perspective, it's likely we could see a pop on the intraday timeframes.

Comment:
Price is now sitting just above $7,000
I will now start to look for deceleration and reversal opportunities.
Comment:
How to trade Bitcoin.

Comment:
It's been a while but we have finally tested $6,900
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.