BTCUSD/Daily Timeframe

Bitcoin/USD (Daily)

Bitcoin is showing no signs of a full reversal trend across all time frames so the trend is definitely going up.

However, there is plenty of manipulation throughout the price and the exposure is so open that the retracement/pullback will eventually come down near the Hourly and Daily Buy Ranges.

The best advantage of buying and holding is entering the market when you have the optimum opportunity so I've set up a (3) Level parameters for entering the market.

The Stochastics is charted at the value of 75, 50, and 25 ranging from Level 1, Level 2, and Level 3.

The blue line crossing through and above the orange line will trigger a price increase so it's best to take your entry during this process below Level 1, Level 2, or Level 3.

Level 1 is the early entry and 1st opportunity.

Level 2 is the average entry and better opportunity.

Level 3 is the greatest advantage and best opportunity.

Much Success,
Happy Trading!


P.S. See related Cryptocurrencies below.

#2-Ethereum
#3-Ripple
#5-Litecoin
#6-Dash

Source: coinmarketcap.com/