Dear traders,
bitcoin is bullish.
In 2017 we hit many times the 21 EMA to confirm bullish trend.
2021 will not be different, wait for the drop to 21 EMA for buy in more.
Now the 21 EMA is around 13.700, but the drop can be between now and two months. And the drops are always big: between 25% and 40% drop.
If no drop is made this week then 21.800 is in view .
Don't short, it's a bad trade with the daily MACD on bullish side.
Good trading,
Hans
bitcoin is bullish.
In 2017 we hit many times the 21 EMA to confirm bullish trend.
2021 will not be different, wait for the drop to 21 EMA for buy in more.
Now the 21 EMA is around 13.700, but the drop can be between now and two months. And the drops are always big: between 25% and 40% drop.
If no drop is made this week then 21.800 is in view .
Don't short, it's a bad trade with the daily MACD on bullish side.
Good trading,
Hans
Trade active:
Set your buy order at $ 14002