TradingAlchemist

Great opportunity to buy bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin does not want to move anywhere.
But here it’s more likely a plus for LONG traders, since support lines are rising, and therefore Stop Loss can be done less.
Perhaps the price will reach the intersection of two support lines and then price will begin to grow.
For those who trade short-term, this is a great opportunity to open a long with a small stop.
About this support 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.