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rfelchuk
Jan 16, 2019 9:53 AM

Bullish SFP on the daily Long

BITMEX:XBTUSD.P1D
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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looking at the daily we get:

1 Multiple rejections of 3,568 breakdown
2 Bearish fakeout with close below the level on the 13-Jan
2 Bullish engulfing follow-up on the 14-Jan candle

These make up for a good Bullish SFP, IMO
Support and ResistanceSupply and DemandTrend Lines
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