BTCUSDT 1 hour chart update Long

Bitcoin / Tether USDPoloniex

Description

⋅ Jan 21, 2018 3:11 PM

20 MA touching down on the 50 MA signals the end to the move lower and now we can go higher. Next intermediate target is the 14400 fib level.

Comment

⋅ Jan 21, 2018 7:15 PM

That's what I'm talking about! Take a look at the divergence here.

Comments

VishalGupta35

⋅ Jan 21, 2018 3:14 PM

i feel same. BTC has completed its Y pattern. People are unneccasry scared of BTC.

graham.edwards84

⋅ Jan 21, 2018 3:20 PM

@VishalGupta35, good to know some others are positive too... I was beginning to wonder... lol. I think I'm just naturally always looking at the upside scenario in a positive light so even if it did crash down to the 8400 area I would be holding and looking at the upside potential. Ultimately my feeling is that we are headed to the 34000 area, so patience is important, probably a traders best friend...