Bitcoin, the trend reversal from lower highs to higher lows
I used the red bars to show the lower highs in the down trend and the green bars to show higher lowers on the trend reversal.
The trend reversal looks complete and as a more aggressive trader I am close to my full position but a more conservative trader will want to see us cross the $17,250ish area before confirming. Breaking $17250 will break the last lower high we set before the all out dump to $10,400.
MACD and RSI look great on all time frames!
BTCUSD
The trend reversal looks complete and as a more aggressive trader I am close to my full position but a more conservative trader will want to see us cross the $17,250ish area before confirming. Breaking $17250 will break the last lower high we set before the all out dump to $10,400.
MACD and RSI look great on all time frames!
BTCUSD
تم فتح الصفقة:
4hr higher lows was lost this morning. We still have the daily higher low in place. I am still long this position but it is not acting as strong as I had thought.