MBitcoin

Higher Low. Montlhy Chart

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1
Long range candle stick on the daily chart that manage to deny 2 lower highs, that's a powerful message from the buyers and it seems like the price is building it's own path towards new highs in order to plant the seeds for a higher low in the monthly chart.
The price is building a new higher low in the monthly chart and it could bring more buying power to the market during the whole month.
Intraday is showing new opportunities that can give you all good returns if you a trading plan in place.

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.