Bitcoin (BTCUSD) Price Action (8-Jan)

8 Oca 2019

Bitcoin (BTCUSD-4H-TF) is looking really solid after its breakout on the 6th Jan.

We are looking at a really healthy retrace right now. You can see a bull flag forming and volume decreasing.

You can expect our support levels to hold, ~$3990 - $4050 short term after which we can expect a move up. Our next target is ~$4300.

BTCUSD broke above EMA200 recently which is the orange line. This same level now is likely to be tested (resistance turned support) before our next move which should happen soon (within days).

Easy patiently waiting as additional bullish candles are on their way.

Hit LIKE to show your support...

Namaste.

8 Oca 2019

Not

Previous analysis:

8 Oca 2019

Not

We have an ascending channel as well on the daily time frame, we need to break EMA50 ($4234) in order to continue moving up...

8 Oca 2019

Not

EMA10 holds as support on the 4H TF:

- Now we test the top of the flag.

8 Oca 2019

Not

We are moving now:

9 Oca 2019

Not

BTCUSD continues with sideways consolidation.

Patience in the meantime.

We have some really good trades on BitMEX and more. See it here:

XRPH19 (51.6% ROE):

EOSH19 (64.1% ROE):

BCHH19 (36.93% ROE):

NEOBTC (+14%):

HOTBTC (+66%):

9 Oca 2019

Not

Let's make some money while we wait for the next update: XBT-LONG-10X: