BitcoinLong
BTC bullish channel, when to buy. TIER : S
Updated
I'm keeping this post pretty short. because this is BTC and we all know what BTC is and what it does. this is simply my take on what's happening.
We'll scale buy along the support trend line. Because we seem to be on a bullish channel now.
Don't worry about the short term MACD, RSI/Stoch. they're all showing retracement, but on the 4h-12h-1D chart they're all positive. buyers are finally coming in and we wanna maximize our profits on every trade we make.
We're facing resistance at the 129** level, once we break and close above that, we will be on the move to the next fib target.
We'll scale buy along the support trend line. Because we seem to be on a bullish channel now.
Don't worry about the short term MACD, RSI/Stoch. they're all showing retracement, but on the 4h-12h-1D chart they're all positive. buyers are finally coming in and we wanna maximize our profits on every trade we make.
We're facing resistance at the 129** level, once we break and close above that, we will be on the move to the next fib target.
Note
I forgot to mention the support line at the fib level of 11280 level, it'll be interesting to see what BTC does with this. It broke it by a fraction and went up again right after. this is good.
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