BTC - Risky long position
Updated
BTC is trading at 8800$ which has recently leaved the middle line of bolinger bond and struggling to tag the upper line of bolinger bond in daily time frame. MACD is going going to cross above the center line which indicates that still bulls are strong enough to push the price up more.
In Ichimoku strategy, Conversion line is going to cross the base line another confirmation that market is bullish in short term since weekly time frame tells another story. in the W-time frame MACD sloping down which warns that going long is not an opportunity for swing traders.
In Ichimoku strategy, Conversion line is going to cross the base line another confirmation that market is bullish in short term since weekly time frame tells another story. in the W-time frame MACD sloping down which warns that going long is not an opportunity for swing traders.
Note
Hello guys,enter the long position, all signals are bullish; conversion line crossing base line and prices all above kumo cloud.
take half of your profit at strong 9.6 $ W-resistance
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