TradingView
TheSignalyst
Sep 5, 2021 5:06 PM

BTCST - Wait For The Trigger! Long

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

BTCST is sitting around a strong demand zone in green so we will be looking for buy setups.

on H4: BTCST formed an inverse head and shoulders pattern but it is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.

Trigger => Waiting for a momentum candle close above the gray neckline to buy.

Meanwhile, until the buy is activated, BTCST would be overall bearish can still trade lower till the green support before going up. In this case we will be looking for new buy setups to form.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Comments
MartinSchnellmann
Is this bitcoin cash or ?
TheSignalyst
@MartinSchnellmann, this is "Bitcoin Standard Hashrate Token"

Bitcoin Cash is "BCH"
MartinSchnellmann
@TheSignalyst, thank you
MartyBoots
TheSignalyst
@MartyBoots, amazing buddy
InkyGrip
nice chart! thanks my friend! 🦐
TheSignalyst
@plancton0618, my pleasure dear Plancton
Haggag
another shitcoin
TheSignalyst
@Haggag let's see
DeNomics
what the
More