Bitcoin Bounce BTCUSD "Oversold on the Hourly"
Updated
Bitcoin BTCUSD looks to be oversold on the hourly stochastic. We have a rotation back up and I am looking for a bounce. It looks like we have a X mark the spot set up where we have a rotation on the stochastic and support of a lower channel line.
Trade active
Bitcoin BTCUSD trade is still active. It has hit our entry. We got a little bounce and a pull back to our channel line. The channel represented support again and we are seeing a bounce off the channel line. The hourly stochastic is still positive.
Kris "Maddog" Kagan -
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.