ArShevelev
Long

Bitcoin Weekly MegaBull On this Setup

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Another cool instrument for predicting market behaviour — Moving Averages. For long term we can use MA15 on weekly timeframe for figuring out trend continuation or reversal based on price action near MA15. Definitely this is not tool for execution of the trade but it is a tool for understanding what is the dominant trend.
Several examples I marked on the chart with red and blue arrows.
🌍 My Telegram Channel https://t.me/artemcrypto

Comments

Very nice spotted! Could be play out like this!
And would fit in my older chart:

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ArShevelev Crypto-Coin-Trader
@Crypto-Coin-Trader, sure, this thing could be fast
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Thanks for sharing this. I am all in ETH. Will see.
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ArShevelev btschamp2020
@btschamp2020, pretty risky to buy from current levels, but if you holding from 200 should be fine
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btschamp2020 ArShevelev
@ArShevelev, Thanks man. I am holding it since 115.. so , i think , it should be ok.
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ArShevelev btschamp2020
@btschamp2020, very good👍
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