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rervw001
Nov 26, 2020 4:54 AM

BTCUSD - LONG Long

Bitcoin / U.S. dollarBitstamp

Description

As we can see on the chart, there is an accumulation of bank orders present. I'm waiting for price to get in the range of those orders, before a continuation to the upside for the buy.
Comments
WorthAShot
It's nice that you put the RSI in there too. It's important because it's well below 50, and anything below 50 means the spring is compressing and is a good buying area. Once the spring has compressed enough, it will shoot upward again.
rervw001
@WorthAShot, Thank you so much for your response! I completely agree and thanks again for supporting my markup! :)
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