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Long Position: Bitcoin is leading to the $12,000 USD!!!

Long
COINBASE:BTCUSD   Bitcoin
In this analysis, we see in short term that Bitcoin is leading to the continuation of the demand zone!!!

That is awesome how Bitcoi nis leading by bulls that jump the price!!!


Also, another chartist pattern was formed was a ascendent triangle and that was an excellent opportunity if you get it, in my case I can't catched this opportunity becuase I'm more active in Forex market.

But, as discussion, we see that Bitcoin is up and is above of the EMA 200, that mean that the trend is our best friend to continue up, until we see any improvement of the supply demand. Also, we need to look on the yellow zone, becuase that zone is supply and also, Bitcoin could be to rejected this price and then, continue by bears favor.


Right now, in Daily timeframe, we see that the panoramic is turn bullish, as we are leading in this yellow supply zone, we need to be cautelous on the zone of $11,100-$11,200 USD if we see any rejected!!!

So, right now, I buy Bitcoin in the market price with the confirmation of the price action!!!

Good luck in this long position!!!

As fundamental, Grayscale and Wall Street bought Bitcoin!!! That is all that I heard today!!! And they was bought Bitcoin by $50 million.

In few hours I will going to analyze Ether
Trade active:
We're in profit in Bitcoin. So right now in H1 timeframe Bitcoin show another bought. So I add rifhy now another lots. I reccomend to put break even at $11,160 USD of the first trade and put another bought with the SL at $11,160 USD as second opportunity to earn more money!!!

In the caseof Ethereum I will goint later to check out!!!

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