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BTC/USD: Double Bottom Suggests Bullish Above $67,715
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. BTC/USD Analysis In my last BTC/USD forecast last Thursday, I thought that bulls and bears were evenly matched, and the best trade which might set up would be a long trade from a bullish bounce off the support level at $68,690. This was not a great call, as neither this trade nor any others set up. The technical picture is ... (full story)
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