QuantCat

Bitcoin run to 10600?! [BTC/USD]

Long
QuantCat Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin looks like it could have a small bounce to the 10600 region?!
  • Bullish divergence RSI
  • MACD is crossing to become neutral
  • Longest leg of the move showing the acceleration to downside may cause a bounce.
  • R/R ratio is too good to pass up.
In terms of momentum this trade is risky, as everything is neutral bearish, but with a divergence and a smallish stagnant period it could be the one.

To get access to ALL of our profitable indicators and strategies, visit our QuantCat website in our signature below.

Be sure to give a like and follow us for any updates and releases of future projects!
Trade closed: stop reached:
Stop hit, momentum carried it forth and the divergence didn't prevail.

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.