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CM_Trades
Mar 26, 2019 2:58 PM

BTC might need to retreat before E2E play!  Long

Bitcoin / DollarBitfinex

Description

BTC has broken below the Tenkan and could be heading towards the Kijun/cloud bottom before we see a potential bounce.

If we hold the bottom of the cloud and bulls defend it with volume, we could potentially see an E2E trade back up to $4,800.

We can also see a bullish kumo twist, which is a good sign at the moment for bulls as long as we don't crater lower

Thanks guys!
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