Bitcoin
Pembelian

Bitcoin Long

119
Bitcoin has seen price move up nearly threefold from March low around 3900 to the present value 11,200.

A significant downtrend from 2018 has been broken and awaiting price to be tested at previous peaks of 12000 and 14000.

A long bias is taken ( as all 4 short term daily MAV are aligned to the upside) . Momentum is to the high side, but has not entered OS territory.


Enter - 10,500 ( retest of the broken horizontal resistance)

Target - 15000 ( the equal extension to the .886 retracement )

Stop - 9400 ( 3 atr)

RR = 4

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