BitcoinLong
BTC to 400 soon
Stochastic(52.9,3) buy signal on 11/5. Diff went up 9% subsequently we saw a 9% rally. Confidence in new uptrend causing buying pressure. Miners are holding out for a higher price. If EMA 10 Day and EMA 21 Day cross, this a very good uptrend signal. However I would wait at minimum half a day after seeing the cross before entering a long position as I like to see what kind of news is going on before I invest.
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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.