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megadeth
May 30, 2020 5:25 AM

BTC - looking bullish - Important horizontals Long

Bitcoin / U.S. dollarBitstamp

Description

May 2020

We’re nearing the end of the daily candle for May 29th. Also closing the monthly candle.

Bitcoin has been in a range. 8500 - 9500.

Daily candle, looking purely at horizontals. If we’re in an uptrend, "they" would want to close above last daily candle. Possibly 10k.

Weekly timeframe. Since the dip to 4k, we saw 7 green weekly candles. One sorta Doji like candle. This is bullish.

On longer time frames, it's like chess.

Comments
VincePrince
Good idea
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