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fthree111
Aug 5, 2019 7:49 PM

BTC is Bullish - Just break that downwards channel! 

Bitcoin / United States DollarCoinbase

Description

We're at the finish line for skeptics. We've stayed well above the 50 day MA and closed nicely on the weekly. Happy Monday.
Are we overbought? On what time frame?

How does MACD look?
Where are we on Fibonacci retrace from 13.8K?

So, yeah - I'm feeling salty because I wasn't buying BTC with everything I have - but that's a part of Risk management.
On the bright side, I have more cash to buy when this channel is broken and we close above it. I'm biased, so even if it closes above for one day only.

I'm probably making a mistake by saying definitely not selling here. Whatevs
Comments
miquael
MACD has BEARISH divergence on 4h
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