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Jan 5, 2018 12:11 AM

BTCUSDT | GEVWMA Crossover | 1H Chart Long

Bitcoin / TetherBittrex

Description

The move higher began a day earlier than predicted as fresh buyers starts the New Year off on a positive note. Looking at the 1H chart, the 89 EVWMA crossed over the 233 EVWMA and the following corrective wave retested the 0.786 fib level with a nice bounce. The trek higher has started and once it surpasses 15.6k it will confirm the upward move to 17.3k. Small buy on the next dip and another small buy on the 15.6k confirmation.

ETH: 0xcF29F645D7618f3F0588c2876A5A4d1CFec00a51
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