BTCUSDLONGS - Time to buy?
Looks like we hit the bottom trendline of the upward channel for the LONGS. Coming out of oversold territory with a MACD Bullish cross. Not sure what to make of this since my BTC Idea puts us in a symmetrical triangle pattern and about to hit the top of the triangle. If we break out of the triangle on BTC, then it's time to buy...but this BTCLONG could be a bull trap to just get rejected at the trendline of the BTC triangle.
Thoughts?
Thoughts?
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.