Ivanbole71

#BTC And a new upper floor channel has been formed @ 46.5k-48,8k

Long
BITSTAMP:BTCUSD   Bitcoin
Yes. The EMA "golden cross" had a word here.
Interesting enough, the florr of the new channel looks to be that value at which the EMA crossed donweards 2 days ago (feb10).
Later on, meaning, the following day (feb11) #bitcoin´s EMA (20) made that sweet cross upwards.
Here we see the results, so far looks like a healthy sideways channel between USD46,545 and USD48,800.
Hungry to see it reach USD50,000 but it might not be time... yet ;)

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.