PrinceSinbad

BTC 4 Hour Chart Quick Analysis

Long
BITSTAMP:BTCUSD   Bitcoin
I think BTC may be primed for a leg up.

1) WaveTrend_Momentum Indicator. Look back in the last few days. Each time the wavetrend indicator displayed a similar value, btc eventually went up in the following 4-6 candles.

2) Keltner and EMA. Breaking above into the upper channels of the Keltner will serve to be bullish.

3) Potential Trend Line. It has two touches 3 touches will either confirm or reject it.

Remember peeps, always. Ladder. Your. Entries. Tight Stop losses (depending upon leverage and strategy)

Let me know what you think!
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