RSibayan

Bitcoin - Fireworks If The 55 Period EMA Holds Up

RSibayan Uppdaterad   
COINBASE:BTCUSD   Bitcoin
Mid Term Upside Target: $11020 @ 61.8% Golden Fib Level

Short Term Downside Target: $7490 @ 61.8% Golden Fib Level



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Watch out for STOPS-HUNTING BOTS!!!!



*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.


Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.

Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.

>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<



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More Power To All Your Trades,
Ron (The Intrepid Trader)
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Bearish Scenario
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Price must stay above the White Horizontal Ray Line and above the 55 Period EMA for more upside price action.
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The Bulls Will Not Be Pushed Around.
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Demonstration Of Strength By The Bulls
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Bullish Divergence On RSI
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Bitcoin Could Re-Test Its Support Zone Prior To Rebounding To Higher Highs.
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Bullish Divergences have to be fulfilled.
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You'd think this chart is present day. Nope, it's March 2019.
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This is present day.
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