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Sparkster
Mar 31, 2020 3:54 PM

Short-Term Bullish on Bitcoin — 2 Hour BUY Signal, 6 Hour Chart Long

Bitcoin / U. S. DollarKraken

Description

  • BUY signal on a 2-hour strategy at 04:00 this morning (circled).
  • The 6-hour chart with ichimoku reveals good support on the cloud and price breaking above resistance trend line.
  • MACD pushing up.

Trade closed: stop reached

As price entered cloud, the trade is cancelled for a fractional loss. Sparkster backtester also produced a new SELL signal, so we're waiting for a new long entry across multiple indicator strategies. What do you guys think of the current situation?

Trade active

re-entry opportunity on cloud breakout. longer-time frames looking good
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