Dear traders and followers,
welcome to todays Bitcoin market update !
The Bitcoin price broke the 18600 $ support and started correction movement which is finished at 17600$ - 17700 $
At this price area is a good buy entry with stop loss and take profit as drawn in the chart.
On higher time frames (12 hours and more) a higher low is formed if the price don't close under 17300 $ today and this is a buy signal.
Indicators:
MACD sell volume start to slow down and the baselines going to cross bullish
RSI reached the heavy oversold area, expect buyers entering the market
Stochastic RSI looks like bullish trend reversal is incoming as well
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
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welcome to todays Bitcoin market update !
The Bitcoin price broke the 18600 $ support and started correction movement which is finished at 17600$ - 17700 $
At this price area is a good buy entry with stop loss and take profit as drawn in the chart.
On higher time frames (12 hours and more) a higher low is formed if the price don't close under 17300 $ today and this is a buy signal.
Indicators:
MACD sell volume start to slow down and the baselines going to cross bullish
RSI reached the heavy oversold area, expect buyers entering the market
Stochastic RSI looks like bullish trend reversal is incoming as well
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support !
İşlem aktif
İşlem kapandı: hedefe ulaştı
closed manually at 19350 - enjoy the profit
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.