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Strong Bullish Hammer buy signal for BTC. GO LONG

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Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns BTC Bullish Patterns Hammer
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trendanalysis harmonicpatterns chartpattern btc bullish hammer
BTC broke down below the uptrend support line, and dumped sharply down to the .786 fib retracement area, where buyers quickly stepped in. This buying pressure then formed a bullish hammer on the 4hr chart, which looks a good entry to go LONG toward a new ATH.

Previous strong hammer buy signal was very successful on the 18th of October.

Enter around 5520
Target 1 5850
Target 2 6200
Komen:
Target 1 reached, and have taken most off the table here.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.