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BTCUSD Overview : Levels to add Long

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BITFINEX:BTCUSD   Bitcoin
Personally, I -and any member of our team- do not believe the coins. At least, "not in this decade".

However, we are getting questions from our members.

I will try to look at the short-term picture in the "most" simple way.

Too many words do not mean too much wisdom.

Last week, we have published an idea based on Bullish Flag and trade reached the target.

In the Daily Chart; we see a Bullish I SHS pattern.

As seen in the H4 Chart, the price reached the short-term supply zone.

Breakout and closing above 8.300 will confirm 9.200-9400. The breakout can be used as a fresh buying opportunity.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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