Trader_hao

Analysis on Bitcoin

Panjang
BITFINEX:BTCUSD   Bitcoin
If you have been following, the support zone i plotted previously was the exact support that BTC bounced off (indicated by the blue dotted arrows). Right now, the trend is reversing as the candles just crossed EMA. Bullish trend probably on its way. Good entry point would be somewhere between $9550 (safe) and $10,219 which are within the support zone. Meanwhile, you can take a read on this article where i talked about cryptocurrency in general and especially BTC and why i expect bullishness this year.

CryptoJH.com/3-major-developments-2018/
Penafian

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