Bullandbeartrading

BTC/USD Trade Idea

Long
BITSTAMP:BTCUSD   Bitcoin
Hello and welcome to my Trade Idea of the currency pair BTC/USD.

Lets start with the Top Down Analysis.


Monthly: Monthly is bullish with candles who getting bigger and bigger.


Weekly: On weekly is a nice uptrend.


Daily: On daily we see a little consolidation but potential for bullish momentum.


H4: On the H4 timeframe we see a trendline that could become interesting in the future. We also see a possible inverse head and shoulders pattern.


Have a nice day.
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