LudwigStirner

F*cking Flat - BTCUSD 4H

Long
LudwigStirner Updated   
BITFINEX:BTCUSD   Bitcoin
Hey Guys! Have you tired of this flat trading? Well, it looks like someone want to buy your cheap coins, because if you open 1D TF, you will see a steady downward trend, this is occurring at a time when Whales accumulate positions before pump the price.

And so we have next data:

The MACD: Bullish Crossover
The RSI: almost 50
The EMA lines: the 7EMA is our support line, the 30EMA and 100EMA created the resistance lines @6550

What next?

I'm sure today or tomorrow Bitcoin rises again to $6600+, but to achieve this PT, it will be necessary to increase the trading volume, because there are a lot potential sellers @6600-7000.

TF: 4H
ENTER: 6500
PT: 6650

GL Traders.
Trade closed: target reached:
@6700
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