LONG BTC Range, Opportunity to buy soon.
Updated
Context: The Bitcoin 0.67% price is evolving in an uptrend range. In a range, the price goes up and down between two resistances. In this chart, the range is defined by the green zone.
Opportunity: We will have an opportunity to buy because the price is hitting the support of the range. This may cause a bounce toward the resistance of this same range.
Confirmation: This signal will be confirmed when the StochRSI lines will cross back to the bottom dotted line and when the MACD line and the Signal Line will cross upward.
Invalidation: This signal will be invalidated if the falls under the range resistance.
Opportunity: We will have an opportunity to buy because the price is hitting the support of the range. This may cause a bounce toward the resistance of this same range.
Confirmation: This signal will be confirmed when the StochRSI lines will cross back to the bottom dotted line and when the MACD line and the Signal Line will cross upward.
Invalidation: This signal will be invalidated if the falls under the range resistance.
Note
Waiting for the MACD cross to happen...Note
I confim this signal :)Note
The main resistance ATM is the 100 periods EMA over the 4h chartTrade active
Trade closed: target reached
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.