DusanR

BTC-USD, Daily (2. april 2020)

BINANCE:BTCUSDT   Bitcoin / TetherUS
After yesterdays push (when we all were berasih :P), big money push prices up (and eat out all stoplosses (SL) on the up move).
I think we can expect prices will go up to 7.900 (8.000 USD) in few days time-.


First problem I saw few days ago was bullish engulfig candel (which should not be there if we would like to be beraish), and yesterday we got bullish candle with rocket buster (wicks on the bottom) plus incerased volume.
If price will pup up of 6.800 area, than we could soon see test of 8.000 USD.

(according to corona effect prices are moving (for may opinion) in wrong direction..and usually if something is not look real, than it is not real :)).


But first let's see what happens inside of (H4) channel:


5 min timeframe:

(H1 is bullish (long)..or prices above 21 EMA, so we can trade only long position on 5 Min time frames):

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.