Search in ideas for "BTCUSD"
BTCUSD - LONGBTCUSD
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Simple analysis?
1. Daily SMA50 Level
2. Broken Triangle
3. H4 Bollinger will be overbought at the TP level.
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I don't trade BTCUSD, so this is really just an idea
that could happen and this is the way I would be
trading this setup now if I would be trading BTCUSD.
But again, I'M NOT! Trade with care!
BTCUSD: Short-term pullback imminentBTCUSD is trending upwards in a technically fine channel. 1478 level is a convergence of 2 separate Fibo extensions, and it proved valid yesterday. There is no bearish divergence, so higher prices are yet to come. That being said, it is safer to wait for a deeper pullback before re-entering the trend.
