BTCUSDLONGS "The chart speaks louder than words"
Time frame: Daily
Sentiment: Bullish (long)
Daily bitcoin technical analysis with fewer words and more information so that you can have maximum information just with a glance without wasting any time.
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Legal Disclaimer:
This is purely a technical analysis and it is to be used for educational, entertainment purposes only. This is not a financial advise to buy or sell Bitcoin and I am not a financial advisor. Do your own research before investing.
Trade active
Those who missed the bottom last time, #BTCUSDSHORTS is giving them one more chance to buy at low.
Waiting for the price action to touch the Support line (Green). We may see a bounce from the support.
*Not a financial advice. Trade at your own risk.
Trade active
1. Loosing the historic support line.
2. RSI reaching the oversold region
3. Stochastic RSI also indicating the end of downward momentum very soon
4. Very good opportunity to go long when the price action starts moving upwards
5. Keep an eye and wait for the confirmation. Patience is the key
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.
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.