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BolaBalogun
Jan 4, 2018 2:46 AM

A close above $14929.80 in btcusd may target $16500 Long

Bitcoin / Tether USDPoloniex

Description

BTCUSD has formed a shorterm tripple bottom base and also close above a resistance trendline signifying a sense of bullishness after the almost 14% selloff. Since we haven't had any EMA crossover to the downside on a daily chart, we are in a very good position to retarget $16500 high then towards $17200 as we have closed above $14929.

My Analysis is using pricebehaviour and to learn more about this simple technique pm me.
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