BTC 1 hour EMAs broke out nicely this morning on 12/17. Where will they go next? Well, up of course. 4.8k is around .5 fib of our last drop, so that is a potential target. It will be interesting to see how the wave structure develops as we near resistance at the 3.9k and 4.4k levels.
Get your longs in!
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We are still going up, but at resistance now at $3,950. Let's see if we can get to target 1!
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6 hour EMAs should also cross today, 12/19/18 and we are testing the 12 hour 55 EMA.
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This idea will not be updated.
New updated idea here:
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This trade has ended. Check my profile for current trades.