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jerrin98

BTCUSD - BUY

Long
Bitcoin (BITSTAMP:BTCUSD)  
jerrin98 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis buy Bullish Patterns priceactionanalysis priceaction
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trendanalysis chartpattern waveanalysis buy bullish priceactionanalysis priceaction
My confluences:

Price finding strong rejection around $30,000 area
Price formed a double bottom
Price formed a bullish corrective pattern after the rejection from a strong support level
Price finding dynamic support level at 50WEMA
Higher time frame trendline breakout, followed by lower time frame correction
Comment:
Daily chart:
snapshot
Comment:
Weekly 50EMA holding as a strong support level, price finding it hard to break through:
snapshot
Comment:
The last time price touched 50WEMA was when the price was at $7900 level, since then price has made an impulse move of 692%. Round 2 coming soon hold tight.
snapshot
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