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SoloTraderAU
Oct 20, 2017 3:11 PM

No sign of reversal #2 Long

Bitcoin / United States DollarCoinbase

Description

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

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