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VasilyTrader
Sep 14, 2020 1:15 PM

BITCOIN (BTCUSD) Bulls Are Back?! Long

Bitcoin / U.S. dollarBitstamp

Description



bitcoin is stuck on a key daily horizontal structure for more than 10 days.
the price is coiling within a wide horizontal trading range on 4h.

at the moment the price is testing its upper boundary one more time.
IF bulls manage to break and close above that on 4H it will be a strong bullish signal for us.

next goal will be 11100 level.

if the resistance will be respected,
consolidation will most likely continue,
then it will be the bears' turn for a breakout attempt.
Comments
UnknownUnicorn5072236
PolarHusk
GoodWork
VasilyTrader
@PolarHusk, thank you 🙏
VasilyTrader
Will it reach 11000 level soon?
what do you think?
InkyGrip
@VasilyPonomarev, looks good to me!
Check my chart!
VasilyTrader
@plancton0618, good idea!
f-73
@plancton0618, and if you look at weekly BB



Nice bounce over MA20/W ...
VasilyTrader
@ft-73, good outlook!
InkyGrip
@ft-73, thanks bro!🦐🚀
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