Bitcoin (2020-01-25) Accumulation above 200 DEMA + Parabola

25 thg 1, 2020

• I would have at least 25-33% of speculative funds in a HODL position in case Bitcoin goes parabolic due to world fears of Coronavirus and upcoming Halvening.
  
  
• Potential parabolic line is being formed.
  
  
  
• Demand is buying up supply above the 200 Daily Exponential Moving Average and not piercing through it.
  
  
  
• Bear Volume is decreasing as price is declining = Bullish Divergence... speculators are waiting to buy at lower prices (hence lower trade volume), but institutional investors may be front-running the expected drop by most traders.
  
  
  
• Break of Parabolic Line and 200 DEMA will invalidate Bullish Analysis!
  

27 thg 1, 2020

Giao dịch được đóng thủ công

Took profits. CME Gap may need to be filled below at $8,530