alanmasters

Bitcoin Straight Up? Short-Term 1H With Targets

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD 1H goes bullish above EMA50 (magenta line).

Closing below it can send prices lower.

We have a long lower-wick on the current active candle and above-average volume .

This can signal that the bulls are trying to push prices higher.

Volume is low on the red candles and the RSI is looking good at 46.6.

If prices break below $10850 lower support can be tested at $10600.

The aim of this short-term move is set at ~$11300.

Do your own research before you trade.
This is not financial advice.

Namaste.
Comment: ☘️ TRY AGAIN | YOUR MISTAKES WILL LEAD TO SUCCESS

Mistakes are part of life, just as is losing and winning, right and wrong.

Something you are aiming for can be a success when achieved...
You can fail on the path to go home.

But failing doesn't mean that it is over or done.
You can always try again.

...

There are no mistakes for me anymore.
There is no failure in being the last.

These experiences are what keeps me now in the moment.
My present success, are the mistakes and the failures of the past.

Namaste.
Comment: Today we get the monthly close...
A strong close changes everything for the close future of Bitcoin.
Trade closed: target reached: Target hit...

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Comments

I'm hope that waves ends soon, altcoin market can't grow normally...
+5 Reply
alanmasters fswlgkkt
@fswlgkkt, So far they continue to grow... We are now seeing the momentum shift to the Bittrex altcoins.
Reply
RocketBomb alanmasters
Reply
Beautiful words from Alanmaster !
+2 Reply
alanmasters cryptofalcon78
@cryptofalcon78, Thanks a lot for the support. :)
Reply
good analysis, thanks for sharing
+1 Reply
alanmasters PolarHusk
@PolarHusk, Thanks a lot for the support. :)
Reply
Maybe a wick to the downside first for a moment.
+1 Reply
@C622, It is going straight up as charted.
+1 Reply
Cheers Alan, appreciate your work.
+1 Reply
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