naji_ala3raj

Possible BTC Upside Breakout

Long
BITSTAMP:BTCUSD   Bitcoin
If BTC price action kept the sideways price action on the current level we might get and breakout to the upside. it seems that bulls are consolidating, and bears are getting weaker, thus we might get a break out in the upcoming days, MACD is showing that bearish price action is getting weaker.
And as mentioned in a previous idea that EMA ribbon is so close from flipping bullish on the weekly BTC chart.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.