LudwigStirner
Long

You stay here and keep an eye on Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I opened a long position again after my stoploss go off this morning, I should have foreseen it and to rearrange the stop to safe territory @6200, my bad. Well, I guess the only upside to this is it's flat trading can be end at the one moment. And so, if the new trading session(1 day) will open above the 7EMA line(light support line) we can see a good move up again to $7000.

the RSI is trending up, it should break through 50 in coming days, the MACD also could break the centerline and starts the movement above resistance. Such things could have a positive impact on the price. If you change the TF to 3-days you will see the 200EMA support line @6250 and the resistance lines: the 30EMA @6850 and the 100EMA @7350, so the one way to get out of flat trading is a big spike to $8000+

GL Traders.
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