Thesis
Long
BTCUSD
The name has been trending higher on short term 4 hour timeframe.
The current chart is a logarithmic price scale look atBTCUSD and better reflect the price pattern and the price channel over the last Year.
Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on shorter timeframes
Contradictions:
1. Below resistance
2. In the upper half of the log price channel
Trade:
LongBTCUSD
Related Trade:
LongBTCUSD
Disclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.
Long
BTCUSDThe name has been trending higher on short term 4 hour timeframe.
The current chart is a logarithmic price scale look at
BTCUSD and better reflect the price pattern and the price channel over the last Year. Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on shorter timeframes
Contradictions:
1. Below resistance
2. In the upper half of the log price channel
Trade:
Long
BTCUSD Related Trade:
Long
BTCUSDDisclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.
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