Aranite

Bitcoin Long Opp

Long
BITMEX:XBTUSD.P   Bitcoin
I can see Bitcoin on 1H hanging nicely on the EMA's, the 50 and 100 EMA's are getting near the 200 EMA. If we break that we will see a nice breakthrough. I personally will long the break above 200EMA on 5M and see where it goes keep the SL in place 5% maximum and wait for a good entry.

BTC has been steady for too long, to many Alts have been jumping out extensively and it is time for BTC to break the party. Good luck !
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.