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Quinton84
Apr 5, 2020 4:35 PM

short term day trade opportunity. Long

Bitcoin / United States DollarCoinbase

Description

you can see we have price consolidation on the hourly candles which typically indicate a price bump. It may be an opportunity to take have advantage of a quick trade. I would long this and look to take profits in the 6900-7000 area. Your take profit price should be determined by the momentum and volume as the price makes a run.
Comments
DappStatCentral_ML
Hi, thx for you TA, I agree we go up in short term!

Quinton84
@DappStatCentral_ML, yeah short looks good as long as no one dumps it today. Trump says the US has about another week's worth of assets to help support the markets which is good for the short term but then the markets are expected to suffer after that
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