Dear Traders,
Bitcoin looks bullish, with a nice retracement towards 0.382
Target 1 10.900
Target 2 12.100
But something mean is on the background we can't ignore.
If bullish pattern must continue, we must touch the EMA 21 week which is now at 7700
So i think we will hit that EMA-21 weekly.
When you go in, make sure you have a good stop-loss.
Shorting now is suicide, because the linear regression on the daily is still up.
If that is turning down then make up for that EMA-21 point.
Good trading guys.
Hans
Bitcoin looks bullish, with a nice retracement towards 0.382
Target 1 10.900
Target 2 12.100
But something mean is on the background we can't ignore.
If bullish pattern must continue, we must touch the EMA 21 week which is now at 7700
So i think we will hit that EMA-21 weekly.
When you go in, make sure you have a good stop-loss.
Shorting now is suicide, because the linear regression on the daily is still up.
If that is turning down then make up for that EMA-21 point.
Good trading guys.
Hans
Trade active:
Target 1 : HIT