meszaros

BTCUSD update.

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD update. I continue to hold my long position theory. Why? The bitcoin chart shows a white rectangle. This rectangle is the D1ATR range. This means that the exchange rate is mathematically within this range within a day. Half the D1ATR50% is a very strong level. It can be seen that the wave sequences generated within the D1ATR move symmetrically to this axis. But there are others. The fact that due to the increased volatility the "spikes" are formed symmetrically on this axis. Therefore, my long entry theory is still valid, as the exchange rate began to accumulate in the D1ATR range.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.