Based on current Trend Lines and Support/Resistance Levels, i set up a Long Position on BTC/USD.
I'm fairly new to TA so any advice or questions are welcomed.
(side note: I have noticed a Bearish Divergence on the RSI indicator, but i am not fully confident about it and therefore decided to ignore it, at least for the time being.)
I'm fairly new to TA so any advice or questions are welcomed.
(side note: I have noticed a Bearish Divergence on the RSI indicator, but i am not fully confident about it and therefore decided to ignore it, at least for the time being.)
Trade closed: target reached:
Target Reached @ 2018-04-17 @ 07:00ish .
Side Note : Don't fully understand the size of the Trade Tool on Tradingview. I made it thinner so it doesn't cover too much of the chart, therefore the small black arrow only indicates a smaller time frame of the trade, not until the price actually hit my Target (8161).
Side Note : Don't fully understand the size of the Trade Tool on Tradingview. I made it thinner so it doesn't cover too much of the chart, therefore the small black arrow only indicates a smaller time frame of the trade, not until the price actually hit my Target (8161).