Cincottitrader

9%-12% Bull Run Incoming

Long
BITFINEX:BTCUSD   Bitcoin
-MACD Cross showing potential momentum.

-Candles have been consolidating above the EMA 50, which is a very bullish sign since an entry level would be buying at the support. (Buy the support, Sell the Resistance). The uptrend line, in yellow, have shown a great support level.

- There is a big triangle, in yellow, that graphics the end of a consolidation period. Along with that a potential cup and handle is forming.

-RSI is in a healthy level.

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