ebadshafi89

BTC - Time to long - Broken out and bullish trend detected

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has clearly been in limelight since the past one week. Scaring almost every trader and liquidating many with long positions. But this time we can see that MA 200 has clear support at 45k mark and BTC is very very stable in this zone. Highly unlikely that it will drop down below 45 anymore. We can see lower lows and rising RSI which shows a bullish wave ahead. We can expect BTC to fluctuate between 47k - 48k for the next day or so before it makes a move above 50k+. OR we could see BTC rise straight up to 50K ++

Its good time to long it. Again do your own analysis before going into a trade.

Regards.
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