BerlinTrader591
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Bitcoin PATH to 5000. Bullish Weather Conditions

COINBASE:BTCUSD   比特币/美元
Signs are strong for a bounce to 5000

Good entry point, with stop below 4000
That 4000 Support has held nicely.

Target: 5000, which is a nice big psychological round number, as well as 261.8% retracement of June > July decline (what a coincidence!)

***MY FORMER PREDICTION: It might come down below 4000 again, but last time that crack was met with
strong buying so I don't see weakness lasting long. <<< THIS HAPPENED EXACTLY with the BIG Hammer candle stick on 8/22. VERY BULLISH REVERSAL HAMMER


BULLISH SIGNS:
above 9ema
above 20ema
above Ichimoku Cloud
Strong RSI above 50 ( bullish range)
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