Danmaz1337

Bitcoin forecast

Long
BITFINEX:BTCUSD   Bitcoin
Well, downtrend line was tested 4 times and we have stuck now between this trendline and SMA 150 which can potentially change onto bullish flag which is possible, but there is some indicators that telling another story, like 1h RSI above 60 and not quite matching volume for this formation. Another possibility is inv H+S
As always, shorting on bitcoin is more risky than long so do you know what i'm sayin'?

Long

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