Bitcoin Moving Above EMA50, Tomorrow Last Hurdle To $21,000

Today bitcoin is moving above EMA50 for the first since the early November breakdown.

EMA50 is a very important level and we use it to gauge midterm bullish potential.

Moving and staying above this level can signal 1-3 months of relief rally ahead...

Not so fast, it all depends on how the market reacts tomorrow after the Feds meeting but if there is a crash, we expect a fast recovery nonetheless.

Some of our active trades:

XBTUSD 10X (1 target hit)

ETHUSDT 8X (1 target hit)

EOSUSDT 8X (Active)

ADAUSDT 8X (Active)

XRPUSDT 8X (Active)

Thank you for reading.

Namaste.

Kommentar:

The rest of the Altcoins market is not responding to todays pump.

Classic "buy the rumor, sell the news".

We are very likely to see a drop/shakeout tomorrow when the Fed announces whatever and only after this event we can see how things will develop.

Kommentar:

Ok. All good. Looks like the hit won't be that strong.

All of our trades remain either active or already in profits.

We will resume our normal schedule tomorrow.

Thanks a lot for your amazing support.

Get ready for the recovery rally.
I will keep you updated with the best analysis and charts.

Namaste.