BTC/USD approached the support of the channel, which is already a good signal, because the support is strong. With the recent fall of the BTC / USD, the overheating on the indicators disappeared. Divergence is possible on a small timeframe (not yet formed). Possible profit: 0.6-1.3%. Stop loss just below the support level. Expected Duration: 11 bars, 1d 9h.
Commentaire:
Update 1:
The idea of buying BTC becomes even more relevant, since there was a divergence at 1h time frame and we are still above support + indicators are oversold.
Trade fermée: ordre d’arrêt atteint:
The minimum goal was achieved, but there were no signals to close the position, so I expected the signal to be fully processed. The assumption of continued growth was not justified and should have stopped with a halt.
However, now another 2 signals appear on the market, because the third peak of convergence appeared on MACD, and the indicators are oversold. In this case, the stop loss is very close.
