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VaidoVeek
Jul 9, 2020 4:52 AM

BITCOIN | Minor Break on Daily Long

Bitcoin / United States DollarCoinbase

Description

Hi,

The price of Bitcoin has made a tiny statement to the higher prices. In general, these breakouts are pretty promising but at the moment we have such a ranging market that can lower the success rate.
Still, worth to try it:
1) A daily break above the counter-trendline (blue)
2) Daily EMA50 acting as a support
3) 4H EMAs acting as support levels
4) 1H EMAs acting as support levels
5) Retest/entry area acting as a support


Regards,
Vaido
Comments
eibbor
Thank you Vaido
ShipTheNutz
Very nice, thanks! ;)
phillipdionysiou95
Still valid?
Wolf_of_Trading
nice chart i think we are in same way , this is my idea
LuckyTrader102
Nice chart, this is my analysis and their update
LuckyTrader102
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