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Guapeva
Oct 18, 2022 10:32 AM

BTCUSD -> Crypto buying convergence area Long

Bitcoin / U.S. dollarBitstamp

Description

After a long bear market I believe we can accumulate crypto currency from this point.

- We can see a long term parallel channel bottom that holds the price now.

- The price holds above weekly 300 MA a good support in the past.

- RSI and Stochastic are oversold and above historical bottom.
Comments
trader-123456
Looks like the disciple has surpassed his master.
averkie_skila
You're in a hurry. It's channeled thinking that's letting you down. The market has a good chance of being bearish all through 2023.
Joebacsi89
hello, it's been a while since we've seen an idea from you, I'm glad to be here again!
trader-123456
Hello, I am glad that my teacher has appeared here after a long time.
Unfortunately, at the moment I see a small chance for an up, but a fakeout cannot be ruled out.
Kryptochristian
Agreed - I think we are now at the bottom too
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