ThisIsDalt

BTC Long Oppurtunity

Long
COINBASE:BTCUSD   Bitcoin
200MA on BTC would make a lower high as BTC has been rejected by resistance, RSI broke past the previous trend and is showing bullish. Since the RSI would-be bullish then this could support a higher low, the 200MA is a perfect place for this. BTC has lower support and another lower spring underneath it to spring BTC back. If it falls below this support then BTC will likely crash to lower resistance breaking the trend and most likely going back below the RSI. 3:1 @ a bit below ATH and 5.5:1 as the second target.
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