VladimirRibakov

Bitcoin Buy Idea Update!!!

Long
BITSTAMP:BTCUSD   Bitcoin
On the H4 chart after the bullish convergence and the most recent downtrend line breakout I was expecting the price to move higher further until the strong support zone holds.

The price action followed my analysis exactly as I expected it to here. After the bullish convergence and the most recent downtrend line breakout we had a pullback but the price was holding above the strong support zone. The price then moved higher further and delivered an excellent move to the upside!


Original Idea:


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.