farhadjafarov7

Bitcoin Bear Market Done, Turtles Lets Flip Bullish Again!

Long
BITFINEX:BTCUSD   Bitcoin
Well Bitcoin retraced as we expected it to retrace so now we are having a reversal and we are flipping bullish again! Now we have EMA 20 crossed EMA 200, EMA 50 crossed 100 and soon EMA 20 will cross EMA 200 which is an extremely bullish sign so we have a downtrend line meeting us at 7kish area however this time I think we do have the potential of breaking this trend line last time we didn't even get close to it. But lets not guess and see how the first waves of this bull cycle goes so far I only see bullish signs maybe some short term retracement after the bounce we had from 6.1k area but generally the cycle is bullish. We have EWO exiting the and already exited the bearish divergence we had with the last green wave we had, 4h STOCH is soon flipping overbought again and we are starting a green wave and continuing it on EWO on 4h timeframe. 1D chart is as juicy as it gets with STOCH moving from oversold area and EWO showing a bullish divergence on 1D too!

So congrats everyone who went USD/USDT and was waiting for a re-entry , the time has come another rally up before we go down again!

Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;)
Be a turtle my friend © Farhad Jafarov

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