BitcoinLong
Bitcoin Analysis - January 2020
1/14/20 review of BTC from Coinbase usig the Daily chart.
BTC is about to test the down trend-line originating back in June 2019. It is also testing the horizontal resistance line at $8,800. 200 day EMA is still acting as support for BTC price. Overall, BTC has had a strong move up from 6.8K acting as the new 2020 base.
I am bullish BTC, but the RSI and MACD have been on the move and are a bit high for me. Looking for BTC to retest 8K for a better risk/reward entry point.
BTC is about to test the down trend-line originating back in June 2019. It is also testing the horizontal resistance line at $8,800. 200 day EMA is still acting as support for BTC price. Overall, BTC has had a strong move up from 6.8K acting as the new 2020 base.
I am bullish BTC, but the RSI and MACD have been on the move and are a bit high for me. Looking for BTC to retest 8K for a better risk/reward entry point.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.