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Alteroc
11 de Jun. de 2018 0:32
BTC - Bullish divergence at support with RSI oversold TP $7,200
Largo
BITMEX:XBT
120
Bitcoin / US Dollar Index
BitMEX
Descripción
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11 de Jun. de 2018 0:32
Dear community,
I was looking how far we could short BTC today and I think tomorrow we will see some green candles.
Trade setup:
- Bullish divergence on 1h timeframe
- RSI oversold
- Price at support forming triple bottom
Stop Loss : $6,660
Target profit: $7,200
All the Best from the Crypto Space
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Operación cerrada: precio stop alcanzado
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13 de Jun. de 2018 0:35
Trend Analysis
Chart Patterns
Technical Indicators
BTC
BTCUSD
xbt
Bullish Divergence
oversoldrsi
Bitcoin (Cryptocurrency)
Comentarios
Talhajin
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11 de Jun. de 2018 2:41
Why retracement to 7200$ ?
Alteroc
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11 de Jun. de 2018 2:43
@Talhajin
, It's the pattern trade for now. retracement to previous high correlated to fibonacci.
At $7,200 I will check indicators and candles and whether take profit are readjust stop loss to ride the wave up.
Alteroc
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11 de Jun. de 2018 2:43
@Alteroc
, In downtrend always sell the rally ;)
Alteroc
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11 de Jun. de 2018 2:44
@Talhajin
, 2nd target would be $7,600
Talhajin
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11 de Jun. de 2018 21:20
@Alteroc
, yes, that is what I"m banking on ... but I"m not sure wave 4 will go that high.
Alteroc
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11 de Jun. de 2018 21:26
@Talhajin
, Let's see that the fun part of trading :)
Talhajin
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11 de Jun. de 2018 21:26
@Alteroc
,
Talhajin
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11 de Jun. de 2018 21:27
Fun part's gonna get heavy :D
Alteroc
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12 de Jun. de 2018 10:40
@Talhajin
, yes we are at a crucial crossroad for crypto market
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