Okay So we got a deeper correction than I thought!!
1. Would I be long here? Yes for the short term.
2. Possibly targets are $6.30-6.40 provided Bitcoin Recovers from its support level of $7800 and reaching a target of $8600!
3. I follow the 30 EMA, a great indicator for momentum chasing in the short term. Many traders I know use the 30EMA as buy or sell signal. Right now we need to cross it again retest it and bounce off for lift off!!
4. We are hopefully forming a bull flag here side we will have some sideway trading proceeded by a leg up to the $6,30
I hope this helps with your trading everyone!
INFINITY OUT !
2. Possibly targets are $6.30-6.40 provided Bitcoin Recovers from its support level of $7800 and reaching a target of $8600!
3. I follow the 30 EMA, a great indicator for momentum chasing in the short term. Many traders I know use the 30EMA as buy or sell signal. Right now we need to cross it again retest it and bounce off for lift off!!
4. We are hopefully forming a bull flag here side we will have some sideway trading proceeded by a leg up to the $6,30
I hope this helps with your trading everyone!
INFINITY OUT !
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