CryptoHotep

$BTC | Small window

Long
COINBASE:BTCUSD   Bitcoin
With a nice bounce of the support zone and successfully clearing it, there may be a case for $BTCUSD on the upside slightly for a quick gain here. If it clears the 13 EMA there is some separation between that and the 50 EMA to make around 25-30% and get out. I wouldn't want to hold a position with FOMC upcoming and strictly for short term upside. Long term, there is still a lot of room to go.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.