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AlanSantana
Mar 21, 2023 11:59 AM

🅱️ Bitcoin Short-Term 1H Timeframe Long

BINANCE:BTCUSDT60
Bitcoin / TetherUSBinance

Description

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It looks like Bitcoin can continue straight up.

On the 1H chart, BTCUSDT is trading above all the moving averages.
The RSI is above 50 and the MACD just printed the classic bullish cross:


This as it moved back above 0 with the histogram going green.

The more a resistance level is challenged, the weaker it becomes.

Support can be found on the moving averages:

$27,700
$27,166
$25,950
$25,248

Namaste.
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDT
Comments
josifh
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And here comes my stupidity again. Awesome, precise analysis and opportunity which i have missed once again. Please continue doing and sharing such awesome predictions. Thank you for being here for us.
AlanSantana
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@josifh, It is my pleasure and again, I appreciate the support and enthusiasm.

Everything is only starting so there will be plenty of opportunity to enjoy.
meveme
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Thanking u Alan
AlanSantana
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@meveme, Thanks to you my friend for the continued support. It is appreciated.
rjrandy1979
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hello may I know the length of your EMA's? thanks!
AlanSantana
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@rjrandy1979, Green EMA10.
Blue slate EMA21.
Magenta EMA50.
Blue EMA100.
Gray EMA300.
Black MA200.
rjrandy1979
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@AlanSantana, thank you again
AlanSantana
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@rjrandy1979, Sure. If you have any other question just let me know.

Namaste.
SwallowPremium
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Such an interesting overview! When will you enter the position?
DeGRAM
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Thank you for sharing your analysis.
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