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ArShevelev
Jul 21, 2019 6:25 PM

Bitcoin: even lazy didn't notice this! Long

Bitcoin / U.S. dollarBitstamp

Description

Well, looks pretty good setup here, bullish Inverted Head & Shoulders on 60 BTCUSD (XBT).

This bullish signal coming from last week, and everybody already noticed it and crypto-usd market look bullish again.

First entry was at 9200$ and second at 10300$. Price remain bullish until breakout from 9989$ and 9300$ as confirmation.

RSI under 40, but means nothing for this moment.

Comment

Update here for BTC: so, i moved support line of Ascending triangle to 9875$ low, cause it shows bullish divergence on 1h chart and reversal Falling Wedge:+1:

So far this Ascending Triangle could be reversal or continuation structure, so i will wait for breakout before swing trade.
Expecting going up to resistance within a week. I will try to update after day.
Comments
Make_Money_Guru_Bitcoin
Well structure done
Husain_Arkghazi
Great work bro as always, i also have the same idea but lil more bearish ;] do have a look
Tabb
@Husain_Zabir, wrong
asdasadsadsadsda
Bakkt launch can help bitcoin to stay bullish! This idea below explains why:
asdasadsadsadsda
@Free_Bitmex_Signals,

wargolynch
It's one of my scenarios, here is another one :
wargolynch
wargolynch
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