بتكوينشراء
A few indicators to BUY BTCUSD
Please give feedback so I can improve and learn from your insight :)
BTCUSD is between two ascending channels, the orange has been holding since april (3 months) and the yellow channel has been established since the beginning of july (9 days).
The current 4h candle has hit the inferior limit of both channels and the inferior limit of the bollinger band. Although RSI is at 0.00 there has been a crossing. We also have a few "hammer" candles.
So the setup I'm looking at is a SL a bit below the channel @ 10.750 (-4.4%) and TP at middle/top of orange/yellow channel (+20%) with a RR of 4.5
BTCUSD is between two ascending channels, the orange has been holding since april (3 months) and the yellow channel has been established since the beginning of july (9 days).The current 4h candle has hit the inferior limit of both channels and the inferior limit of the bollinger band. Although RSI is at 0.00 there has been a crossing. We also have a few "hammer" candles.
So the setup I'm looking at is a SL a bit below the channel @ 10.750 (-4.4%) and TP at middle/top of orange/yellow channel (+20%) with a RR of 4.5
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