ale111

"BTC-USDT" Today could be an important day!

ale111 Updated   
BITTREX:BTCUSDT   Bitcoin / Tether
In my last analysys, I said that every time btc touch the 144 e.m.a ( the yellow line in this case), usually bounce up.
Now the situation is this: the spike of the daily candle touched ema 144 and level 1x1 of Gann. This level is very important. The 1x1 line is called " the line of life". If the daily closure is under the 1x1 gann line or under the 144 ema, we will see a big drop!
For long sure position, we need an h4 closure above 11650 usdt (the red circle -->0.5 fib level!)
Keep your eyes on the chart and pay attention guys!
Comment:
As always, btc touched the 144 ema and bounced up! Let see what will happens in the next hours :)
Comment:
Here we go!!! We are above 0.5 fibonacci! This is a good sign for btc :) I'm long since 10600 usd. A daily closure above the red line, could bring the price at 13500. So open a long could be a good idea. Wait for more confirmations!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.