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QuantNomad
Jul 10, 2020 7:46 AM

Short-term buy opportunity for BTCUSDT Long

Bitcoin / TetherBittrex

Description

It seems like we have nice support on S3 for BTCUSDT, 15m chart. Also RSI is relatively low and we have a cross for MACD below 0 line.
So It seems like not bar long opportunity. After that price can go to 9300-9350 levels after that.

Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.
Comments
OneSparky
Thanks for the insights, worked out pretty well, very on point.
Phi-Deltalytics
Nice Heads-up!
The daily BTC chart does have slight bullish technical signs. However, I think more volume is needed for the bullish scenario to play out. Before then, I’ll remain on the short term neutral to bearish side.
What do you think of our setup below?
QuantNomad
@Phi-Deltalytics, interesting stuff
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