Ironman8848

BTC - D1 / H4 - TENKAN-SEN REMAINS THE MAIN LEADING INDICATOR !

Long
BITSTAMP:BTCUSD   Bitcoin
D1 : Watch carefully at the Tenkan-Sen; BULLISH above and BEARISH below
H4 : Same comment than on D1
As long as we stay and hold above Tenkan-Sen, currently @ 39309, it is OK for further upside.
A failure to do it would put the focus on MBB currently @ 38357 ahead of Kijun-Sen

Global picture remains broadly bullish ,as for the time being any downside move should be seen as a corrective move only in
a consolidation phase, calling for higher levels.

Keep in mind the Risk Management in this high volatility environment !!!
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