Husain_Arkghazi

Bitcoin short update 28/12/19

Husain_Arkghazi Updated   
BITSTAMP:BTCUSD   Bitcoin
hey guys, welcome for a short update on Bitcoin BTCUSD

now the red zone you see which i've mentioned earlier in my ideas has perfectly acted as a major support zone and we get multiple supports from here shows that bulls are protecting this zone to get back in action.
the 21 monthly EMA around 7090 is also holding prices strongly and as you can see we've just spiked after kissing it
right now prices have successfully gain strength and trading above 21 DEMA but breakout will be only confirm after we break the upper trend line and start to move higher
below this bulls are still under pressure and bears have the control

here's my custom RSI in 1h chart, which has already moved in the red zone, but definitely wont take long positions until the trend confirms itself.

ok guys, that's all for now hope this idea will help you to make huge huge profits like the previous one's ;), dont forget to hit like and support us so we keep bringing awesome new trading ideas for you, follow us for more future updates, and do comment your opinion, we appreciate your response:)
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thanks you
Trade active:
seems like Bitcoin is now prepared to keep moving higher

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