AlanSantana

[BITCOIN LONG] XBT About To Move Up

AlanSantana Updated   
BITMEX:XBT   Bitcoin
Bitcoin is looking bullish on several different time frames. After 3 weeks of red, Bitcoin is finally showing some strong signals of a move up.

Go LONG on Bitcoin. Next target $5,000+.

This is a quick reminder for the BitMex traders. For a full Bitcoin analysis, click the image below...


Hit LIKE... Thanks a lot for the support.

Namaste.
Comment:
Good close on the daily candle. After consolidation, we can expect additional bullish action in the coming days.
Comment:
Consolidation going good so far.

Levels to look at (4H TF):

- EMA10 and EMA50 are working as support. As long as we remain above EMA10 (green line), we remain with the same bullish view.

- If EMA10 & 50 are broken downwards, we will test the next support around the $4000 price range.

- On the way up, next resistance is sitting at $4555.

- Please allow time for the charts to develop.

-
Namaste.
Trade closed manually:
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