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BTCUSD Long

Lång
BITSTAMP:BTCUSD   Bitcoin
William Alligator: the crypto is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the crypto is in a strong uptrend.

RSI: the line is under 70, so the crypto is not overbought.

Candlestick patterns: there is a bearish engulfing which is a bearish confirmation.

Overall: it can be interesting to take a buy position on this crypto because the indicators indicate that the price is increasing. Entry price is higher than the current price for assurance and stop loss is set at -5%.
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