Go LONG on Bitcoin . Next target $5,000+.
This is a quick reminder for the BitMex traders. For a full Bitcoin analysis, click the image below...
Hit LIKE... Thanks a lot for the support.
Levels to look at (4H TF):
- EMA10 and EMA50 are working as support. As long as we remain above EMA10 (green line), we remain with the same bullish view.
- If EMA10 & 50 are broken downwards, we will test the next support around the $4000 price range.
- On the way up, next resistance is sitting at $4555.
- Please allow time for the charts to develop.
We are bullish on Bitcoin.
Bitcoin is very weak, and it does not have the power, with this incident, we'll certainly see 2500
From that moment on, the downtrend started and the target would be 3200
So fasten the belt!
Let's go down!