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Best clear buy signal after March 2020
Bitcoin
Long
Best clear buy signal after March 2020
By steff0006
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Apr 26, 2021
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Apr 26, 2021
Money Flow = touch or below? YES
RSI= touch or below? YES
Stoch RSI= below? YES
Bottom of long term channel = YES
Plus: Almost touch: 125 days Moving average
Plus: on-chain data suggest a very strong price support area.
Plus: funding rate: neutral
Plus: all exchange stablecoin at max inflow
Plus: all exchange BTC still going down
Plus: SOPR reset
Price can still go below but not for long.
Wait stoch rsi to cross up for a clearer signal if needed.
Next week's future will close, Max pain is around 56.000$ price will tend to gravitate around that.
The trend is still intact and for me, the top is far from in.
Personally, i'll start slowly decrease my position, top trend channel is a good place to start
Make your own conclusions
BTCUSD
Oscillators
Support and Resistance
Volatility
steff0006
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