Bitcoin - Is this indicator going to show a buy signal again 😲❓
Updated
Hello, all.
Today is a very important day. A few hours to go before the weekly candle closes.
On the chart I noted a very important weekly support level of $60,046.
It is worth keeping a close eye on this level. If the weekly candlestick closes below that level, it will mean that the price collected liquidity at the top and formed a bearish structure, which is a false breakout. After that, it is very likely that the correction will continue.
But for now, there is nothing to worry about, the price is testing this level as support for now. If the weekly candlestick closes above this level, it will be a very good signal for the continuation of growth.
It is also worth noting that our latest strategy, called Greenwich, is about to show a buy signal. If the signal remains at the close of the week, we will buy.
Indicators of the strategy:
Profit factor - 60 ( which means that for one dollar lost, this strategy earns sixty)
Win rate is 80%.
Strength - very strong signal
Timeframe - 1 week
If you want to get these signals sometimes, subscribe to us.
If you are interested in this strategy, leave it in the comments!
Today is a very important day. A few hours to go before the weekly candle closes.
On the chart I noted a very important weekly support level of $60,046.
It is worth keeping a close eye on this level. If the weekly candlestick closes below that level, it will mean that the price collected liquidity at the top and formed a bearish structure, which is a false breakout. After that, it is very likely that the correction will continue.
But for now, there is nothing to worry about, the price is testing this level as support for now. If the weekly candlestick closes above this level, it will be a very good signal for the continuation of growth.
It is also worth noting that our latest strategy, called Greenwich, is about to show a buy signal. If the signal remains at the close of the week, we will buy.
Indicators of the strategy:
Profit factor - 60 ( which means that for one dollar lost, this strategy earns sixty)
Win rate is 80%.
Strength - very strong signal
Timeframe - 1 week
If you want to get these signals sometimes, subscribe to us.
If you are interested in this strategy, leave it in the comments!
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