dcm2020

BTC/USD at channel support and long term support. Time to buy?

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
bitcoin against the US dollar is finally at a level that I'm looking personally very close. However, looking this short term graph (4hr), we can see a channel that he found support today. Now the big question is; time to buy? I think so.
I'm already long from 260.00, stop loss is at the low and take profit is very very big, so you better choose yours your self.

My long term analysis is on my blog: http://thiagotrader.blogspot.co.uk/

Good luck!

Thiago Duarte
thiago@duarteinvestmentgroup.com

Comments

People bought already. Price is higher now. Bitstamp is still down.
+1 Reply
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