imkeshav

BTC needs to stay in the channel of hope

Long
imkeshav Mis à jour   
BITFINEX:BTCUSD   Bitcoin
BTC took support from the channel bottom yesterday, but found resistance at the 50 Day EMA (orange). We need to take it out for more upside while still remaining within the boundaries



On 4H timeframe
Commentaire:
Nice break out, next target will be 6900-7000 as the top of the channel. Going above that will be super bullish

Commentaire:
The price took support from the lower channel bottom and bounced
Commentaire:
The 50 EMA gave the lifeline support and the price is back in the channel


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