TradingView
AB_Trading-Intelligence
Feb 2, 2021 6:00 AM

BTC Looking Pumptasic! Long

Bitcoin / U. S. DollarKraken

Description

My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.

Cheers & Happy Trading!
---------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:

BTC appears to have formed a relative bottom in which positive price action is nearing. The 9EMA and the 21EMA are contracting, which indicates mometum build up, in conjuction with the 50EMA providing possible support, and flash an upward trend.
More