jwammo12

Buy The Dip signal in Bitcoin BTCUSD

Long
COINBASE:BTCUSD   Bitcoin
With the 200 ma in an uptrend, and price above it, a buy the dip signal has been initiated on the BTCUSD daily time frame. This is the result of price closing below a lower bollinger band and then closing above it while still in an uptrend. A close is initiated when price records a high that is above the upper bollinger band line while the close is below the line.

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.