1. Price is down 30%
2. OBV is at high
That makes a divergence. Seconded by other momentums like a/d. According to Technical Analysis of Stock Trends, 9th edition, this is extremely bullish.
3. We are still 68% below the 1200 high made 2 years ago. Consider all the new infrastructure developments for bitcoin.
Due to time-position right behind a 2 year bear market, finished rally and finished flash crash, rare opportunity. Margin long up to 10x is safe for this brief window.
2. OBV is at high
That makes a divergence. Seconded by other momentums like a/d. According to Technical Analysis of Stock Trends, 9th edition, this is extremely bullish.
3. We are still 68% below the 1200 high made 2 years ago. Consider all the new infrastructure developments for bitcoin.
Due to time-position right behind a 2 year bear market, finished rally and finished flash crash, rare opportunity. Margin long up to 10x is safe for this brief window.
Trade closed: stop reached:
Stoploss breached, trade was closed.
