JohnNMex

First buy zone reached

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JohnNMex 已更新   
BITFINEX:BTCUSD   比特幣
Even though 7455 had every reason to hold, it didn't. The price reached our first buy zone and we have a bullish divergence on RSI and MACD.
評論:

Falling wedge + bullish divergence on most of the time frames from H2 to H6.
評論:

Unfortunately the wedge failed miserably. Now we are watching this downtrend channel and we are waiting for a decisive move.
評論:

We could have a good buying opportunity at the green dot. If we get there RSI will have a bullish divergence on H2, H3, H4, H6. Price action and volume must be watched closely.
評論:

Okei, so the price is "there", the timing is off but we are where we were expecting it. Now let's see if the bulls will show up.
評論:

As we said earlier, the H3 H4 and H6 RSI and MACD have bullish divergences.
評論:

Our buy zone is between 7290 and 7130 with a SL at 7100. If we fall under 7100 the chances of going to 6850 will be so high that we will short it right away.
評論:
First buy zone invalidated.

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