Bitcoin is in a uptrend on the daily time frame.
It is trading above the 200 Day Moving Average Area on the daily time frame
Friday it fell back to the 200 day moving average area....
In the past when it touched this area , it moved up!!!
So now I expect Bitcoin to move up this week...
The 1 hour time frame has a buy signal for Bitcoin using most trend indicators...
So I think I will buy this and I will use risk management and trade it small
It is trading above the 200 Day Moving Average Area on the daily time frame
Friday it fell back to the 200 day moving average area....
In the past when it touched this area , it moved up!!!
So now I expect Bitcoin to move up this week...
The 1 hour time frame has a buy signal for Bitcoin using most trend indicators...
So I think I will buy this and I will use risk management and trade it small