$BTCUSD 02.03.2018 Analysis

in market •  7 years ago 

02.03.2018.jpg

Having a look at 1hr time frame $BTCUSD on Bitfinex.

Price has managed to break Resistance and is now on its way to retest lows.

1Hr support levels marked go as deep as 10400USD, Marked by the green clouds edge.

My stance has flipped to bullish until proven incorrect.

Bullish signs marked on chart.

  1. Price Breaking Resistance.

  2. 50/200 EMA trend line cross ( Green above the red )

  3. Macd Trending above histogram

  4. TK cross above cloud (Blue above purple )

  5. Obviously the green Kumo cloud

02.03.2018(3).png

02.03.2018(2).png

Buy Signals Marked on chart. Goodluck.

02.03.2018(4).png

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