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Bitcoin gave some back, time to long?
Bitcoin
Long
Bitcoin gave some back, time to long?
By abztrdr
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Updated
Jun 5, 2018
2
Jun 4, 2018
Excuse the lack of reasoning, however:
Quick, simple and pretty obvious BTC long opportunity.
Jun 4, 2018
Note
Adjusted initial buy zone a little higher due to bottomed out indicators, will be filled on Sept bmex futs.
Jun 5, 2018
Note
A last check of the chart before clocking off looks good.
Higher low and indicators in agreement.
Got an alert set for 7560 and will look to add more.
Jun 5, 2018
Note
Volume flat, althogh sell pressure has reduced.
Jun 5, 2018
Note
Expecting a dip towards 7400 before this move up can continue giving 2 higher highs and 3 higher lows.
After the move over the last 6 days, this dip is pretty healthy with the entire crypto mcap only dropping ~10bln from its local high.
BTC
BTCUSD
Trend Analysis
abztrdr
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