BTCUSD LONG Situation 08.03.2019 at 12:00 a.m. NYT 4HR Chart
Interested things happens here the last 2 days
Exactly like forecasted from me, BTCUSD has esatblished
a LONG trend, easy to check withall the blue lines as support.
Interested is also that the BTCUSD has now taken out 2 resistance zones
First at 3960
and
Second at 3980
which are now support zones.
And we have classical Dow Theory here:
Higher Highs and Higher lows which is for the technical
trader a clear sign of an uptrend.
Its a long setup as long as the support zone
in blue hold and are not broken.
But dont forget in that market your stopp loss
Exactly like forecasted from me, BTCUSD has esatblished
a LONG trend, easy to check withall the blue lines as support.
Interested is also that the BTCUSD has now taken out 2 resistance zones
First at 3960
and
Second at 3980
which are now support zones.
And we have classical Dow Theory here:
Higher Highs and Higher lows which is for the technical
trader a clear sign of an uptrend.
Its a long setup as long as the support zone
in blue hold and are not broken.
But dont forget in that market your stopp loss
