TheSecretsOfTrading

BTC pushing up

Long
BINANCE:BTCUSD   Bitcoin
BTC is so far sticking to the plan. Here on H1 we can see the whale money on Trend Exhaustion going up, but be cautious ! is is already high - a pullback is expected in the short term.
Also HighsLows and Momenter are looking good as they signaled a reversal to the upside aswell.

We are headed to 50ma on h4 and will most likely retest 200ema h4 afterwards - the pullback should happen around that area (red line).

Still keeping my longs.

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.