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AlanSantana
Jan 13, 2022 2:53 PM

Bitcoin 4H Daily Short-Term Update (Bullish) Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is looking good short-term across multiple timeframes...

The 1H timeframe is looking good as mentioned in our previous trade idea, we have a rising channel with higher highs.

Now, the 4H timeframe is also looking good.

As BTCUSD is trading above EMA10, EMA21 and EMA50, we see a bullish breakout happening now.

The cup pattern is now in full display signaling that our low/bottom is already in.

The MACD looks good above zero/bullish.
The RSI is super strong.

Slow and steady and we believe it will start to speed up.

Conditions for change

We remain bullish above the 10-Jan. low at $39558.
Any trading above this level we are bullish.

If prices move below 39.5K we start to consider the bearish scenario.

We are bullish now.

Enjoy.

Namaste.
Comments
trollist
stop convincing yourself. start making a plan. zoom out. bye
Mikanoshi
@trollist, zoomed out, Bitcoin is making higher highs ans higher lows, trend is bullish.
trollist
@Mikanoshi, keep thinking like that, it's needed for my 100x short to get huge profit)))).( tradingview.com/chat/m/3a555593-f646-4a51-8a29-aceb5fd006d3/ this is where I shorted 52100 ) also my 100x long (tradingview.com/chat/m/f85efa4c-b821-4a8e-940b-d1f4c7112f95/ ) do not troll me since i might be one big fat whale
Mikanoshi
@trollist, the only "big fat" you are is a loser :) your shorts will be a nice fuel for the rise or whatever, I don't margin trade
trollist
@Mikanoshi, "higher highs and higher lows" is the most stupid way to interpret any chart. and this guy alan keeps failing and he claims to be the number one trader on the planet. hahaha someone fuck me plz haha haha
maroff
@trollist, i am glad someone says it... he (alan) is always bullish and he thinks those little red arrows are enough to say about the high probability of moving downwards. I said it weeks ago: big players left the place, they wont come back until we see the low 30's or the ripple issue is solved (which for me is related to ALL CRYPTOS). if you are looking at the higher TF like 3D, 6D, W, M it all seems to be inevident to move to the low 30's if not into the 20's. Saylor wont like this but I haven't heard him buying this year nor did Bukele. Guess why
Mikanoshi
@trollist, read the definition.
Wolf_of_Trading
thanks for sharing , my idea on BTC is short way
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