MarxBabu

BITCOIN XBTUSD LongBuyLongSell Indicator Analysis

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BITMEX:XBTUSD.P   Bitcoin
In one hour chart the LongBuyLongSell indicator shows the bullish signal.

Createria of this selection.

1. Volume is more than the last three candle average.
2. LongBuyLongSellIndicator Candle become Black to Blue
3. The Strengthmeter like 1 2 3 P+ D+ UpRaiseLikely is forming below the candle ,This is good indication for long.

Matching the last resistance line the immediate target is 5280 in hour time frame chart.

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