BTC 1 hour EMAs broke out nicely this morning on 12/17. Where will they go next? Well, up of course. $4.8k is around .5 fib of our last drop, so that is a potential target. It will be interesting to see how the wave structure develops as we near resistance at the $3.9k and $4.4k levels.
Get your longs in!
Get your longs in!
Note
We are still going up, but at resistance now at $3,950. Let's see if we can get to target 1!Note
6 hour EMAs should also cross today, 12/19/18 and we are testing the 12 hour 55 EMA.Note
This idea will not be updated.New updated idea here:
Note
This trade has ended. Check my profile for current trades.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.