Potential BTC Move from 50EMA to 200EMA
2:1 RRR Opportunity if BTC holds the 50 day EMA (~8280).
Target: ~8700.
Please trade at your own risk. I have been net short since ~10k and will not be closing my position until the chart shows a clear bullish trend.
Good luck and happy trading!
Target: ~8700.
Please trade at your own risk. I have been net short since ~10k and will not be closing my position until the chart shows a clear bullish trend.
Good luck and happy trading!
Trade closed: target reached
Note
As long as Daily 200EMA holds (~8720), BTC should aim for another leg up. Consolidation here would be healthy. Trade closed: target reached
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