RSibayan

Bitcoin - Bullish Local Signals

Long
RSibayan Updated   
COINBASE:BTCUSD   Bitcoin
Double Bottom Bullish Pattern

MACD: Bullish Divergence
Day Stoch RSI: In The Oversold Territory

Fulfillment of this pattern will bring Bitcoin back to $63K - $64K

Break of the blue support bar will bring Bitcoin down to $54,300 and further descent will be towards $53K on the Fib Levels.

Price action is KING!

More power to all your trades, my friends!

Ron
Intrepid_Trader

Comment:
Support is holding up nicely!
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.