chutung

IS BITCOIN IN BUY ZONE?

Long
INDEX:BTCUSD   Bitcoin
BTC has dropped off the 20k mark but is now in a buy zone.
As on the chart we can see that BTC's Quarter (3 Months - which is very strong) candle in the past has touched the middle Bollinger Band twice in the past and the next quarterly candle is green. Plus, the price is already at a Fibo milestone of 0.236, so now it is possible to enter 25-30% of the account, and enter full when the current quarter candle is closed (next 7/1) without closing below 2 great supports.
- Entry 17-18k8 (In the past, there was 2 times the candle crossed around 10% from middle BB)
- Stoploss: When the current quarter candle closes below those great supports.
P/S: We only see this signal 2 times in whole 12 years so watch it closely.

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