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Bitcoin
Long

Silly to Short at support

88
Looks like BTC may rebound from here, the indications are:
  • BTC testing previous resistance, which will now act as support.
  • 1-hour shows a Bullish Divergence.
  • BTC is testing the Lower-Bands of the channel.
  • 4,8.12hr Bollinger Bands are really stretched.


What are your thoughts?
CryptoFallen
Also on:
Bitcoin (Cryptocurrency)bitcoinpriceBTCChart PatternscryptomarketFundamental AnalysisTechnical Indicators

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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.
Bitcoin (Cryptocurrency)bitcoinpriceBTCChart PatternscryptomarketFundamental AnalysisTechnical Indicators
CryptoFallen
Also on:

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.