veryevilone

good risk vs reward for a bitcoin long

做多
veryevilone 已更新   
BITFINEX:BTCUSD   比特币
hi, long here, but close position if a candle closes below the channel.

things to note.

Bull div on RSI
Stoch RSI hugging bottom, time for a pivot?
Channels are typically continuation patterns.
When price broke down, there was alot of volume (Acts like a brake) and candle still managed to close inside channel.

We are going up next, most likely. Good luck.
评论:
Price broke out after taking a second dip and it is bouncing off the top of channel. We are probably loking at more consolidation, with a slightly bullish touch.
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