DAILY CHART SHOWS A POSSIBLE LONG OPPORTUNITY ON BTC.
-PITCHFAN SHOWS THE SUPPORT/RESISTANCE LEVELS (GRAY LINES)
-SUPPORT HAS BEEN TESTED MULTIPLE TIMES. (BLUE CIRCLES)
-TRIANGLE BROKE UP, GIVING A BUY SIGNAL ON THE SHORT TERM (ORANGE LINES)
-MACD ROUNDING UP, WAIT FOR THE TO CROSSOVER TO GET A SOLID BUY SIGNAL.
-RSI IN NEUTRAL ZONE.
-POSSIBLE RETRACEMENT TO $2450~ BEFORE UPTREND, IF THAT HAPPENS, BE CAREFUL WITH THE LONG TERM TRENDLINE (EVEN THOUGH IT HAS BEEN HOLDING THE PRICE NICELY.)
-TRADE SAFELY AND LEAVE YOUR COMMENTS.
-PITCHFAN SHOWS THE SUPPORT/RESISTANCE LEVELS (GRAY LINES)
-SUPPORT HAS BEEN TESTED MULTIPLE TIMES. (BLUE CIRCLES)
-TRIANGLE BROKE UP, GIVING A BUY SIGNAL ON THE SHORT TERM (ORANGE LINES)
-MACD ROUNDING UP, WAIT FOR THE TO CROSSOVER TO GET A SOLID BUY SIGNAL.
-RSI IN NEUTRAL ZONE.
-POSSIBLE RETRACEMENT TO $2450~ BEFORE UPTREND, IF THAT HAPPENS, BE CAREFUL WITH THE LONG TERM TRENDLINE (EVEN THOUGH IT HAS BEEN HOLDING THE PRICE NICELY.)
-TRADE SAFELY AND LEAVE YOUR COMMENTS.
Trade active
The retracement to the $2450~ levels did happen, now lets see if the trend line holds. MACD didn't cross and RSI is still neutral. be careful.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.