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1h breakout and price near the weekly 50EMA!

업데이트됨

Hy guys!

All the info is in the chart but to sum it up:

Bitcoin broke out of a 1h consolidation(triangle) and bulls probably will attack the weekly EMA 50, so its mandatory to watch the 7835USD level, before making a decision! In case bulls can push through, we can consider to go long if aggressive, however it could be better to wait for more confirmation and eventually trade a Pullback in case of a fakeout.

I wouldn't consider to go short!

PS: No matter how you trade, always use a SL and only risk a small percentage of your account!

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액티브 트레이드

Waiting for price price action near the weekly 50EMA!