marbtrader

marbtrader Updated 

When market is in an uptrend, I look for divergence in the price as it holds 50%. The chart as you see it pictures a perfect scenario for a trade entry, but make sure to have a stop loss set at fib retr. around 70%. We could see the price going upwards from right here and right now. Please note that I don't trade real money - I'm in it just for the thrills and fun.

marbtrader

Divergence is one of the best indicators for potential price reversal... and BTC is building one like we've never seen before on monthly chart. Be extremely careful with your buy positions at this time, and make sure you save money for the next opportunities to get in big when the RSI hits lower. Good luck.

marbtrader Updated 

Harmonic pattern completion, so going Long (Paper trading) to 38% Fibb retracement level.