Bitcoin (BTCUSD) is now printing the bullish engulfing pattern on the 4H timeframe, telling us that it can continue to grow right away if this pattern confirms.
We can see EMA10 ($7742) tested and a strong bounce with good volume and bullish indicators.
For Bitcoin to continue higher, the first barrier to break is ~$8000, the last high.
The immediate support is sitting around EMA at $7741 and $7690, this is the main support if prices start to retrace. Any lower and we look for EMA50 and/or $7400 - $7450.
Right now we are bullish and aiming higher...
Previous analysis: Bitcoin (XBT) Challenging EMA300 | Can Lead To $8,111+
Thanks a lot for reading.
Remember to hit LIKE :)
Namaste.
We can see EMA10 ($7742) tested and a strong bounce with good volume and bullish indicators.
For Bitcoin to continue higher, the first barrier to break is ~$8000, the last high.
The immediate support is sitting around EMA at $7741 and $7690, this is the main support if prices start to retrace. Any lower and we look for EMA50 and/or $7400 - $7450.
Right now we are bullish and aiming higher...
Previous analysis: Bitcoin (XBT) Challenging EMA300 | Can Lead To $8,111+
Thanks a lot for reading.
Remember to hit LIKE :)
Namaste.
Not
$9200+ More possible now than ever... 
Not
Moving up fast now...
Not
-General Bitcoin & Altcoins Market Update And Prediction For 2020
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% Discount until 31-May
t.me/masteranandatrades/6166
🏆 TOP Results
t.me/anandatrades/1183
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.