yagizp

BTC Long signals on 1 hour graph

Long
BITFINEX:BTCUSD   Bitcoin

1)Its just above the 50MA line ready for a jump.
2)Bollinger band getting smaller
3)100 MA became 10700 which is a strong support
4)All big shorts are being covered very fast in last few days.

CME says it's launching bitcoin futures on Dec. 18 . I believe that bitcoin will continue rise until that day. We could see 13K this week.

Open a margin long position. Check for 100MA line to break down for a stop loss.
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