This is definitely going to be one of my shorter post, but I do want to mention that BTC is looking really good right now.
Positive sloping 5-Day Moving Average, extremely bullish ichimoku, and most importantly, BTC has finally crossed it's yearly VWAP!!!
Daily time frame is looking decent as well, we should go to 12k before seeing some resistance and falling back down to the 50 MA, and although uptrend not confirmed, I wouldn't bet against BTC right now.
Just my 2 cents.
Positive sloping 5-Day Moving Average, extremely bullish ichimoku, and most importantly, BTC has finally crossed it's yearly VWAP!!!
Daily time frame is looking decent as well, we should go to 12k before seeing some resistance and falling back down to the 50 MA, and although uptrend not confirmed, I wouldn't bet against BTC right now.
Just my 2 cents.
Note
It's looking like I'm right again with this one here, even Yahoo Finance is calling for some resistance at 12k, consider taking profits here shortly guysNote
Profit taken at 11.75k, great little trade there, looking forward to the next one
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.