Long
BINANCE; WTCBTC 7% gain? comment below
* Previous candle closed Bullish Engulfing
* Price wicked down to support/closed above bollinger bands.
* Bullish divergence on RSI
* MACD about to cross over
ENTRY SIGNAL;
I would look to enter once we close over short term resistance, which will also close over the middle bollinger band. Then we should look to retest 11.6k sats and take profit for a 7% gain. Stop loss would be set some where just below overall support.
* Price wicked down to support/closed above bollinger bands.
* Bullish divergence on RSI
* MACD about to cross over
ENTRY SIGNAL;
I would look to enter once we close over short term resistance, which will also close over the middle bollinger band. Then we should look to retest 11.6k sats and take profit for a 7% gain. Stop loss would be set some where just below overall support.
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