TradingView
IvanLabrie
7. Apr. 2019 19:12

BTCUSD: Update - Weekly trend active, onwards towards 6427 Long

Bitcoin / U.S. dollarBitstamp

Beschreibung

Bitcoin acting strongly, it's very clear we will probably tag the 6427 level soon. If we do, and hold over it, odds of starting a new 20+ month bullish trend will be very high. I'm holding long exposure for a while now, and looking forward to trade futures to increase the returns of holding BTC (and hedge declines, whilst most likely profiting from funding rates being positive when sentiment becomes too positive to maintain bullish momentum).
I'd reccomend to invest a 20 to 45% account position in this market, ideally on dips from here, in case you're not already long BTC.

Best of luck!

Ivan Labrie.

Kommentar

Support and resistance levels for #BTCUSD:
We could just surge towards 8k ish before retracing...any dip after this week is a buy...important zone being crossed, while the weekly and soon biweekly trends are bullish.

Kommentar

Daily #BTCUSD could imply we hit 6506.62 within 6 days or less, as long as holding over 5028.3
Mehr