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AlanSantana
Feb 23, 2020 3:54 AM

Bitcoin (XBTUSD) Bullish, Short-Term | Support & Resistance Map Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Here we have XBTUSD (Bitcoin) short-term (1H timeframe).

Right now we are seeing volume slowly rising with prices moving above EMA100 (blue line).

The next barrier is sitting at $9841 (MA200) followed by $9980 and $10185 (fib.).

If prices move lower, we are looking first at EMA50 at $9691 as support followed by $9500... We are looking bullish right now.

These are the support and resistance levels for Bitcoin.

Namaste.

Comment

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Comments
UnknownUnicorn3796389
Always good work, thanks.
AlanSantana
@upthedownstairs, My pleasure.
UnknownUnicorn6061584
insightful
bullish flag is not something rare in this uptrend
AlanSantana
@david_smith, Thanks for sharing.
UnknownUnicorn6653705
Bitcoin goes up, This idea below explains why:
UnknownUnicorn6653705
@WilliamLockhart,

AlanSantana
@WilliamLockhart, Thanks for sharing.
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