Peet_Serfontein

BTCUSD: aiming for $12000?

Long
Peet_Serfontein Updated   
BITSTAMP:BTCUSD   Bitcoin
Symmetrical triangle in a previous uptrend is busy developing.
such a pattern is regarded as a continuation pattern of the previous uptrend.
Crossing above its 8-day simple moving average. First signal in the last 10 days.
Crossing above its 20-day simple moving average. First signal in the last 20 days.
Crossing above its 8-day linear regression line. First signal in the last 10 days.
Bullish divergence between RSI and price.
MACD bullish crossover.
Time to exit: +/- 21 September 2019
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.