spresnal
Panjang

Bitcoin 1H Looking Strong

BITFINEX:BTCUSD   Bitcoin / Dolar
Although there has been a strong pullback, we're still looking good from an indicator perspective.

TD9 reversal following a golden cross on the 1H is a good opportunity to buy in.

1D: Bullish
TD             color flip and a long opportunity opened up on the daily. Lagging span in open territory, senkan span has been crossed by price, and kijun provided strong support.

4H: Bullish/Neutral
TD             color flip to red meaning we may see a 1-4 candle pullback and higher. Senkan and Kijun span moving in the direction of a Senkan cross ( bullish ). Lagging span has passed through price (moderately bullish ). Lagging span is within the Kumo cloud (neutral). Important that we were able to pass over the 50 & 200 MA and found support above it.

1H: Bullish
Golden cross currently formed, which is a strong bullish indicator (50 & 200MA cross). Lagging span is in open air ( bullish ). Senkan span is above the Kijun span ( bullish ). We are above the Kumo cloud ( bullish ).
Komen: For a safer long entry, wait for a green number to trade above the high of a prior green number.
you should try zooming out. got a beautiful head n shoulders forming. Do not sleep on your longs
Balas
Bull trap
+1 Balas
@bmgbmg, Correction is not over sadly,... :(
+1 Balas
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