KurdEx

Bitcoin Long or Short?!

KurdEx Updated   
BITSTAMP:BTCUSD   Bitcoin
Everything is shown on the chart. Lower timeframes show a bullish trend while daily and 4h charts seem to be bearish, at least a retest to 11120.

Bearish Signs:
- 4H Chart: The bigger uptrend channel needs a retest to 11120 or even 10926 support line.
- Daily Chart: supports the 4H chart and seems to fall BTCUSD to 11120.
- The smaller channel needs to be broken.

Bullish Signs:
- A smaller channel on 1HR and 4HR charts can be seen and the price is on the support line.
- There is a bullish divergence on the RSI (4H).
- There is a lot of news and Tweets about a pump.


4H Chart:


1H Chart:


Your thoughts?
Trade active:
Long opened @ 11421
TPs: 11560, 11600, 11730
Trade closed: target reached:
Target reached! Short potential from 11,800 and higherr

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.