Andrewbtc

Closed above the 21 ema on monthly. Happy new year!!!

Long
Andrewbtc Updated   
BITFINEX:BTCUSD   Bitcoin
the fact that we closed above the 21ema on the monthly gives me some hope for some upward price action.. come on btc we have faith in you!
Comment:
still bearish. this and the fact that gold is up are the only things that might set us up foe some upward price action
Comment:
we are now above the ten simple ma on the monthy but we still need to close above. if we can close above the 200 ma on the daily timeframe we should be good. but to be 100 we need to close a weekly above 9500

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.