TradingView
dompa
Sep 23, 2021 1:55 PM

Nice bounce MA20 - Continuation posible Long

Bitcoin / U.S. dollarBitstamp

Description

I saw many ideas and I can say that is too many of them bearish. Looks like they mostly are already sold and waiting for the cheapest price. As always, BTC does the opposite of what most traders expect. From the macro perspective, we can see the price bounced off MA20 and we can expect the continuation of the bull trend. Besides that, we also are waiting for the fifth wave with strong upwards movement and the blow-off top at the end. Where will be the end it's hard to say but should not be now in my opinion.
More