TheCryptoLabs
Long

BTCUSD Falling Wedge + 3 Dives

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
on the 1D chart on the right, we have strong support, at 0.786 fib level, 200 Moving Average and downtrending support, also the bottom of the falling wedge . RSI is oversold, MACD is squeezing and getting ready to go up.

on the 4H chart on the left you can see that BUY volume has reached an ALL-TIME-HIGH since December. Bullish!
You can also see a nice green candle, that took BTCUSD             from $8050 to $8850.

I entered around $8400 and will hold. Will continue to add to position if drops to 6-7k, which is possible but not likely.

Comment: on track
I think all newcomers sold their coins..so we can go up.;)
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