njmanura

We may see a short term bounce to 11000

Long
BITSTAMP:BTCUSD   Bitcoin
Sell pressure is decreasing, BTC is holding 21 weekly EMA nicely and it made a inverse head and shoulders pattern on 30 min chart. We will get a short term bounce, but traditional market correction may add more sell pressure. I am spot long.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.