short-term BTCUSD trade

19 Mar 2018

This is the BTCUSD 1D chart on bitfinex. We broke the first downtrend and it looks like the US market is rather bullish. I think e are going to the first resistance zone at 8940-9280usd which is where you can take profits if you take a long position here. I would set my stop at the 0.236 fib at 8290usd.MACD and RSI are also looking bullish. I'm a trying to learn so tips are welcome.