AoverK
Long

$BTCUSD - Bitcoin/US Dollar - Long

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Thesis
Long BTCUSD

The name has been trending higher on short term 4 hour timeframe.
The current chart is a logarithmic price scale look at BTCUSD and better reflect the price pattern and the price channel over the last Year.

Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on shorter timeframes

Contradictions:
1. Below resistance
2. In the upper half of the log price channel

Trade:
Long BTCUSD

Related Trade:
Long BTCUSD

Disclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.

Comments

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