BTCUSD edging upward

9 Ara 2018

Using the same chart as posted yesterday you can see how BTC price movements retested it's 50/200 moving averages. Great scalping opportunities from the first break down to now and they'll continue. Use your 5minute and 1 minute charts to confirm and ladder your stop limits on upward plays. It Looks like 50ema has slightly crossed 200 as typing. Expecting some pullback and short consolidation to begin. Watching TL's and movement on 1&5 min. Also, I'm watching hourly ma/ema ranges and gaps. If bulls can hold positions even with retesting and If higher highs and low's continue I'll watch for low 3700 areas to be targeted.3500 and 3480 range should be retested. Not at all unlikely not for 3400-3460 to be retested...holding those zones and the 200MA is key for bulls. RSI overbought across lower tf's