Bitcoin: Nison - PB&J Long Signal
- Potential bullish candlestick reversal signal within Nison PB&J Sweet Spot (Pullback between SMA 10 / EMA 30 after Golden Cross).
- Buy signal if candle closes as a Hammer. Stop-Loss below low of pattern with Target of Monthly Pivots R1.
Entry: Hammer close
SL: $53,500
T1: $61,500
RR: 6.75
- Potential bullish candlestick reversal signal within Nison PB&J Sweet Spot (Pullback between SMA 10 / EMA 30 after Golden Cross).
- Buy signal if candle closes as a Hammer. Stop-Loss below low of pattern with Target of Monthly Pivots R1.
Entry: Hammer close
SL: $53,500
T1: $61,500
RR: 6.75
Trade active:
Hammer
Comment:
SL hit. Taking a short position with SL at 54,850. I'm going to see if I can't ride this down to a 4H 9 at $49,600-$47,555.
