hainsdo

LONG BTC Range, Opportunity to buy soon.

Long
hainsdo Updated   
BITFINEX:BTCUSD   Bitcoin
Context: The Bitcoin 0.67% price is evolving in an uptrend range. In a range, the price goes up and down between two resistances. In this chart, the range is defined by the green zone.

Opportunity: We will have an opportunity to buy because the price is hitting the support of the range. This may cause a bounce toward the resistance of this same range.

Confirmation: This signal will be confirmed when the StochRSI lines will cross back to the bottom dotted line and when the MACD line and the Signal Line will cross upward.
Invalidation: This signal will be invalidated if the falls under the range resistance.
Comment:
Waiting for the MACD cross to happen...
Comment:
I confim this signal :)
Comment:
The main resistance ATM is the 100 periods EMA over the 4h chart
Trade active
Trade closed: target reached

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