BitcoinLong
Strong Bullish Hammer buy signal for BTC. GO LONG
Updated
BTC broke down below the uptrend support line, and dumped sharply down to the .786 fib retracement area, where buyers quickly stepped in. This buying pressure then formed a bullish hammer on the 4hr chart, which looks a good entry to go LONG toward a new ATH.
Previous strong hammer buy signal was very successful on the 18th of October.
Enter around 5520
Target 1 5850
Target 2 6200
Previous strong hammer buy signal was very successful on the 18th of October.
Enter around 5520
Target 1 5850
Target 2 6200
Note
Target 1 reached, and have taken most off the table here.
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