Moshin_GW

Pay attention to $BTC/USD, the latest candlestick shape! Bullish

Long
BITSTAMP:BTCUSD   Bitcoin
Is the bull market returning to BTC?

The BTC market is located at the lower limit of the rising channel, and attention is focused on future trends, but first of all, please see the daily chart for the last 7 days.

The candlestick bodies stop at around $10,100, making a long lower whiskers on all the candlesticks. I haven't seen such charts much.

Regarding this, although buying and selling are intermingled, suggesting a situation where you can not go to either, but the bottom price is solidifying, and it seems that the bottom price will solidify and it will start to rise. , And are generally considered.

In addition, it is important to note if the long-term moving average (100MA) functions as a support line in the upward direction.

Since 2017, 100MA has no track record of supporting candlesticks in the upward situation. Then, if supported at the current price, there is a possibility that it will have an uptrend that has never been seen before.

The number of new addresses is also increasing, and the momentum of increase is likely to accelerate from here. Since buying and selling are inundated, high volatility and rapid price movements, we would like to continue thorough risk management and re-consciously consider risk-reduced trade.

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