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Ideas_by_Jake
Jul 28, 2019 3:01 PM

BTC/USD is going back towards area between 8.200$- 7.600$ Short

Bitcoin / United States DollarCoinbase

Description

I have not shared any ideas for a while, but that is about to change. On the left chart you can see a 3 days chart which shows that MACD is bearish, and the golden cross is about to happen which shows that the real bullrun will happen soon. However, BTC needs proper correction to become stronger, in order for price to go higher. On the right side you can see a 4H chart. RSI in 4H will be probably bearish for couple more days (at least 7 days from now). I am bearish for couple more days, but I am very bullish in longer period of time.

Trade closed: target reached

Targeted zone was reached.
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