A Clear Buy Signal on Bitcoin

Jul 3, 2019

A convincing Hammer candle through the Monthly Pivot Range is a clear buy signal.For the crypto complex the bearish moves down show exhaustion and the markets are ready to move higher again. Go long at the current price zone of 11500 - 11600. Enter a stop loss below the low of the candlestick from yesterday's session at 9720. Shoot for a profit target at 12390 and a second profit target at 13630.