AlanSantana

Bitcoin Breaks Up & We Go Higher!!!

BITSTAMP:BTCUSD   Bitcoin
If you've been following Alan Masters (@alanmasters) lately, you are aware that we have been right 100% of the time for our Bitcoin (BTCUSD / XBTUSD) charts/trade ideas for the past few months...

Today is no exception, Bitcoin (BTCUSD) just broke up.

Our targets remain the same, the analysis remains the same... Our vision remains the same... (Bitcoin is the future of money!)

You can see all of the details and full analysis by clicking on the image here:
As for the chart above, let's take a quick look at it:

  • Break above EMA50.
  • High volume.
  • Bullish RSI & Bullish MACD.

Looking at this chart short-term, the bullishness remains as long as we are above EMA10. If Bitcoin moves down and closes below this level, then we start to consider the bearish scenarios.

All the details are explained in my previous analysis which has been shared above.

If you want to know where Bitcoin is headed next, I recommended you come and visit us once more.

This is Alan Masters.

Thanks a lot for your continued support.

Namaste.

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