Dan_Cruise

BTC/USD: A forming buy signal

Long
Dan_Cruise Updated   
BITSTAMP:BTCUSD   Bitcoin
1D chart>>

1--Price had touched EMA169 for three times, all got long lower shadow.
2--Trend line is turnning green and supportive
3--A new buy signal is forming.

Above all, BTC may have a oversold rebound chance.
BTC is still weak in a bigger timeframe, even though, it seems to rebound in daily chart.
So it's tricky time to trade,we should set stop-loss,if open order.

Operations >>
buy at current price
set stop-loss: 9850


Refer Points>>
Targets,as picture shows.
Comment:
Target 1 done !
Comment:
Target 2 is near
Trade closed: target reached:
Target 2 done !
All targets done !

唯有机器才能真正做到知行合一
人好,多磨难; 修性,远小人;
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.