marlenri

BTC Buy the DIP and Bullish to $50k

Long
PHEMEX:BTCUSDT   BTC / USDT Spot Trading Pair
BTC is currently overwhelmed on the 4hr charts The 50,100,200 EMA's are showing signs of a convergence before the market consolidates again.
Expect BTC to break to 50 EMA then the 100EMA on the 4hr. Most important that BTC remains above the 200 EMA and does not go below this, expect BTC next price to be $50k as the BTC growth is clearly Bullish so long the 200 EMA is not brok

Buy the Dip at 39-40k or 43k

* Disclaimer: Not a financial advisor.
Please comment, share.

Thanks
Marlene
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.