Bitcoin 4hr Golden Cross, bullish action but can it hold? [BTFD]
Updated
So as our amazing TA expert Tom predicted we have a swing of the MA's creating a golden cross on the 4hr chart on BTCUSD
I made this chat for the daily about a week ago, with a few predictions, just wish i published it earlier now (12th Match)
we had some bullish divergence which brought the level up to over 9k but its not pushing over that, 9300 was my next test which still not touched.
my last shorts got closed and opened up some new ones around CMP, so short term im bearish and looking for a another monthly low and long term Bullish, just dont get cought out in the bull traps right now
if your a swing trader Bitcoin must be sending you nuts right now
here is what im going on with wave analysis...
"If Bitcoin can get above resistance at 9620-10K this could open the door to further gains - and it would also make it very likely that the wave 2 correction is complete, and that a wave 3 move higher is starting "
good trades all
I made this chat for the daily about a week ago, with a few predictions, just wish i published it earlier now (12th Match)
we had some bullish divergence which brought the level up to over 9k but its not pushing over that, 9300 was my next test which still not touched.
my last shorts got closed and opened up some new ones around CMP, so short term im bearish and looking for a another monthly low and long term Bullish, just dont get cought out in the bull traps right now
if your a swing trader Bitcoin must be sending you nuts right now
here is what im going on with wave analysis...
"If Bitcoin can get above resistance at 9620-10K this could open the door to further gains - and it would also make it very likely that the wave 2 correction is complete, and that a wave 3 move higher is starting "
good trades all
Trade closed manually
BTC very bearish, death crosses forming again
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