elpokor

Market reversal in cryptoland

Long
COINBASE:BTCEUR   Bitcoin / Euro
Daily bullish divergences painted all over the indicators, aligning with previous hidden bullish divergences in lows. Clear buying sign in any trading book. You may want for the daily MACD to crossover before buying in if you're a conservative trader, but beware of volatility.

Besides that, we just repeated what we did on the previous orange triangle, so if you're shorting beware of slingshot moves like the one we experienced in April's first days. So far, it looks like we're really repeating the same accumulation pattern.

Good luck everyone!
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