SoloTraderAU
Long

No sign of reversal #2

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
I think most of us picked up the level where the purple magnified glass symbol shown.
By the candlestick itself, it is called a hammer , with a very long wick, shows a strong bullish .

Left graph, Price actions are all above ichimoku cloud , ADX line cross above 20.0 shows the price is trending (obviously upward).
Right graph, Price actions broke the most struggling level near 5840, MACD line has no crossover.

Conclusion, no sign of reversal.
Target 1: 6325
Target 2: 7192

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out