Bitcoin
Long
Updated

LONG BTCUSD

Pros
  • Broken RSI downtrend on daily.
  • Divergences on daily.
  • Potential H&S formation.
  • Correction of 38.2/50% of the las bearish wave.
  • Broken downtrend on daily.
  • Objetive to pivot point.
  • Price up to resistance level.

Cons
  • Countertrend.

Strategy
  • Buy 1/3 at the low of the right shoulder.
  • Buy the 2/3 when the price breaks the neckline (confirmation of H&S).
Note
Order opened.

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