Bitcoin Goes Upward

The price bounced from the support zone formed by SMA50, SMA100 and the downtrend line. RSI confirms price reversal. MACD histogram supports an upward movement. ADX line rises and it tells us that the bulls become stronger. DMI also confirms that the market is going to move higher. If the price breaks the previous swing high, probably 12000.00 level will be reached very quickly. Any way, the market becomes more bullish and we should expect that the upward movement will continue.

P.S. For better understanding movements in this market, I advice you to read a full market overview based on the weekly, daily and 4H timeframes. You can find the posts in the related ideas.
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bogdanov .. Crashh it lol
For you
And downwards too...
Another week and another 1724 points made with this dude. Very exact entries too.
Dlavrov is good but this guy is even better - at least for day traders.
Does anyone know of anyone better on Tv right now? If so, please share, like this one.

according to my investigations we will get a bullish market fast to 13000 and after that ~17000
tonight the way up over 11000!
check my charts!
+2 Reply
A doubt DL, can be forming a small drawing of H & S inverted in this 4H chart? tks
@DLavrov I'm following BTC/USD on the 6h chart and MA50 keeps moving higher and it has just merged with MA200. If previous movements repeat, MA50 will cross above MA200 and every time this happened we had MAJOR market rallies... good news at last!!
+2 Reply
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