stibo

BTC LONG Opportunity

Long
COINBASE:BTCUSD   Bitcoin
Hello Traders,

Bitcoin is still in an uptrend and is currently making a higher low.
I expect another retest at the support level before bitcoin goes up.

Confirmations for LONG:

  • Strong support line
  • Divergence on H1 RSI
  • Divergence on H1 MACD
  • Very low volume for a downtrend
  • Still higher low -> bitcoin is in a strong uptrend

Wait for price action after the retest to confirm an entry.

Please leave a like to support my work. 👍

Thanks for reading,
stibo 🥦
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.