Bitcoin’s bounce is about to speed up.
We are now revisiting our previous trade idea on the short-term but this time, 4H timeframe.
Notice we have the classic cup pattern starting to form.
The RSI is trending up while gaining bullish momentum.
Prices are trading above EMA10.
The target remains $22,400-$22,500 in the short-term.
There are a few reasons why a trader may favor short-term currency trading over long-term currency trading. One reason is that short-term currency trading is less risky because the trader is only exposed to the currency market for a short period of time. Another reason is that short-term currency trading offers opportunities to make quick profits. Finally, short-term currency trading is more exciting and can be more profitable than long-term currency trading.
Wut o__O Such a long paragraph for what. Are you from an SEO company
