mohsin.hussain

Bitcoin at Buy Area Fibo and Ichimoku Confirmed

Long
mohsin.hussain Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin at Buy Area Fibo and Icho Confirm

2 Fibo level Matching and giving buy signal
.5 strong bounce support on 4 Hr TF
.7 Another strong support for bounce on 1 Hr TF
Ichimoku Support also respected and above the support
StochRSI over sold too on 1hr and 4hr

4 Indicators confirmation we have for a long position + Candle Doji/Hammer at support level.
Comment:
I believe long position is still valid on 15 and 30 TP its not divergence and on 1hr TF its forming Divergence.
Keep the Long position Open it could be Bear trap to close the position ..

Comment:
Ready to Fly Bullish Engulfing Candle also on 1 Hr.


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