BitcoinLong
BITCOIN looks very BULLISH - This is where you can BUY
Updated
Hey tradomaniacs,
Bitcoin looks overall very bullish and could initiate new Up-MOMENTUM very soon in order to continue the uptrend.
In this scenario I can clearly see two chance to buy Bitcoin after the breakout of the current correction in form of a FLAG-Pattern.
The market is currently fighting between three significant MA`s and has shown more momentum upwards after breaking above the 200 M/A which could be our new support.
The best scenario would be another re-test of 6.000 which is a high supply-zone looking at the weekly chart.
We`d have a nice chance to buy Bitcoin for a low price before it should get back to 12.000 - 14.000.
The second chance to buy would be the break above the current trendline and resistance-fan the market has created @ 9.000.
Wait for the brekaout and a retest of the current market-structure before you buy.
We see lots of bullish divergences indicating a weakness of bears here.
Good Luck! =)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Bitcoin looks overall very bullish and could initiate new Up-MOMENTUM very soon in order to continue the uptrend.
In this scenario I can clearly see two chance to buy Bitcoin after the breakout of the current correction in form of a FLAG-Pattern.
The market is currently fighting between three significant MA`s and has shown more momentum upwards after breaking above the 200 M/A which could be our new support.
The best scenario would be another re-test of 6.000 which is a high supply-zone looking at the weekly chart.
We`d have a nice chance to buy Bitcoin for a low price before it should get back to 12.000 - 14.000.
The second chance to buy would be the break above the current trendline and resistance-fan the market has created @ 9.000.
Wait for the brekaout and a retest of the current market-structure before you buy.
We see lots of bullish divergences indicating a weakness of bears here.
Good Luck! =)
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Note
Note
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