TradingView
chris333
Jul 3, 2019 5:53 AM

A Clear Buy Signal on Bitcoin Long

Bitcoin / DollarBitfinex

Description

A convincing Hammer candle through the Monthly Pivot Range is a clear buy signal.For the crypto complex the bearish moves down show exhaustion and the markets are ready to move higher again. Go long at the current price zone of 11500 - 11600. Enter a stop loss below the low of the candlestick from yesterday's session at 9720. Shoot for a profit target at 12390 and a second profit target at 13630.
Comments
Bullandbeartrading
Clean idea. I follow you, check our page as well, @chris333
DACapitalTrading
Great work keep it up, don´t forget to leave us a follow aswell mate :)
ChristopherCarrollSmith
Price is up, but volume isn't. Daily MACD is still below signal line and hourly RSI is nearly overbought. Be careful here.
More