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ChArtWorks_TechnicalArts
Dec 15, 2019 8:02 AM

Btc 4 short term upside Long

Bitcoin / United States DollarCoinbase

Description

Good morning, closed back above the pattern with 4 hour divergence and a bullish engulfing candle. Might be able to take a quick profit here. Looking for a retest of 7400 or the top of the trend for profit taking. Stop is literally less than a 1% loss. Not the daily divergence playing out. Don't get too excited yet.

Entry is between $7105 and $7040.
Exit: $7400 and or top of the trend line.
Stop: $7039
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Comment

Entry between $7105 and $7140**** NOT $7040. Typo. Entry at back test of the demand line and $7140.
Comments
ChArtWorks_TechnicalArts
Entry between $7105 and $7140*** NOT 7040
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