Bitcoin - All Eyes On $6,900
Updated
Trade Pair: BTC.USD
Time Frame: Daily
Predicted Direction: Long ( $6,910 Required )
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Time Frame: Daily
Predicted Direction: Long ( $6,910 Required )
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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For those who have asked for more information on the 50EMA, i have attached below for you.Take a look at your 1hr BTC.USD chart to see if you can identify trade setups.
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Although i'm bearish from a macro perspective, it's likely we could see a pop on the intraday timeframes.Note
Price is now sitting just above $7,000I will now start to look for deceleration and reversal opportunities.
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How to trade Bitcoin.
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It's been a while but we have finally tested $6,900Note
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