randybobandy47

Do not be afraid to long!!! Bottom is near!

Long
BITMEX:XBTUSD.P   Bitcoin
Do not listen to everybody telling you we are going to 4 or 5k. Fear & Greed index is currently at a 30, do not be a sheep and sell. Several things such as divergence on RSI and RS% (Relative Strength Percentile) in confluence with stochastic being as oversold on the daily as 3k bottom. I have been filled on 9000 strike March 2020 calls if you are going to long a very easy place to manage risk would be below the .886 Fibonaci level at 7671. We are also currently RIGHT on the lower daily Bollinger Band so unless it starts to trend to the downside this is a good entry.
Comment:
rs% 12hr bullish divergence
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