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SantiagoAnarcoirisHeredero
Aug 1, 2018 7:51 PM

What will happen with bitcoin in the short term? - Big dance. Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is looking for a support right now, and I think this one might be very strong here as we have a few ideas that converge there, between 7444 and 7474 - Fibs from the last rallys, my lovely 42MA and even a cute trendline that many people is looking at.

I would love to add more indicators on TV, but I have to deal with BitMEX's which is a bit worse for some kind of things. In a more detailed view for the 30m you can look here:


Happy trading everyone, and long live our financial and political revolution!

Comment

We confirmed the bounce from the support I was talking about. Now we need to get out of 7840-7823 (depends how long it take) to play the bullish. If we break 7876 we are going to 8161 (at least) and 8.3k max.

·30m


·1H

Comment

12 and 26 EMA about to cross in the 1H timeframe, this might get nasty. I can smell bears fur getting burnt
Comments
SantiagoAnarcoirisHeredero
42 MA actually only works good in 3D timeframe, imho. I need premium to add all the EMAs and select my prefered timeframe.
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