JuanAugusto

Reasons to be long

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JuanAugusto Atualizado   
BITSTAMP:BTCUSD   Bitcoin
In my humble opinion, it is time to start long positions. The next weeks will be crucial to determine the long term possibilities, and there are some elements that could be signaling the return of the bullish period.

Probable break upwards based on:
-Possitive SAR
-Triangle broken upwards (confirmed by volume), contrary to what could be expected
-RSI close to break upwards the long term mid value
-MACD histogram getting possitive
-Price close to break upwards long term linear regression
-MA 20 getting closer to 40 MA
-Long term tendency
Trade ativo:
After a year, prediction has shown successful.
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