03.08.2021
The overall trend is upward. The cryptocurrency is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.
BTCUSD rate online: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss under the local minimum of the descending pattern.
Target level: 42423.0.
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