Hello fellow traders and investors, here's another trade idea. BITCOIN has reached a key level that acts as a resistance. BITCOIN could potentially pull back to the trendline or break through the resistance area .
Technicals: The Macd indicates that BITCOIN is reversing The Ema's indicate that BITCOIN is in an uptrend
When To Buy: When price completely breaks through the resistance area.
When To Sell: I would personally hold for the longer term however if you're looking for a quick trade then I would hold till EMA's crossover to the downside then you should sell.
I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow and comment your thoughts. Thanks.
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