BitcoinLong
Bullish BTC!? ADAM & EVE still forming!?
Hi Guys!
As we see on this 1 D chart on Coinbase, there is a higher possibility of A&E formation playing out now. As we are holding support by the 10 D and 21 D moving averages now. Low volume weekends can ruin it though...
As everyone expects lower levels now, I still think we will pump up to at least to the 3850 areas to test the down sloping trend line.
After BTC could retest this current support, it would be a great area to go long. But BTC might break down and continue lower at least to the 3200 areas again.
Indicators are mostly neutral at the moment.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see on this 1 D chart on Coinbase, there is a higher possibility of A&E formation playing out now. As we are holding support by the 10 D and 21 D moving averages now. Low volume weekends can ruin it though...
As everyone expects lower levels now, I still think we will pump up to at least to the 3850 areas to test the down sloping trend line.
After BTC could retest this current support, it would be a great area to go long. But BTC might break down and continue lower at least to the 3200 areas again.
Indicators are mostly neutral at the moment.
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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