Long

Full buy signal on Bitcoin

There is a full buy signal on bitcoin after it dropped -55% from the sell signal back in April at $40000. There was an advance buy signal at 30k so this full buy signal will significantly move our buy average down closer to the 20k price point. The 3 day base is at 33k so that would be a possible target for this bear rally. We are still in a bear market so position sizing should be managed to reflect that.

Cryptodontrading

Also on:

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.