TheChartGuys

BTC Continuation Move for Bulls

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hourly equilibrium highlighted in the video last night broke bull and forced some shorts to cover with bull buying to new levels.
The support/resistance levels listed here are from the hourly time frame.
Bulls just looking for a 4 hour higher low, and EMA 12 support.
It is fine to not be comfortable bullish but do not fight the trend! People were looking for a top the last couple days with every time frame from hourly to weekly in an uptrend.
Running a twitter poll right now and pretty 50-50 as to whether the bottom is in or not.
this tells me there is still a lot of cash on the sidelines and there will still potentially be FOMO fuel if we do see the weekly uptrend continue through Summer.
I personally will not shift from my short term bullish perspective until we lose daily EMA 12 support.
Perfect execution of Elliott Wave by Bitcoin. One chart covers 11 days of trading with no updates needed. If you want to trade like this, DM me.
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I think the current is similar to the bottom of 2015. What do you think? Please give me a advice.


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