CrimsonBull

BTC/USD Hammer Reversal

Long
BITSTAMP:BTCUSD   Bitcoin
BTC had a very good bounce and momentum into pushing lower time frames into reversing.

Looking for daily to close above $9,000, with short term bounce being $11,000 and a proper breakout from that to a new bullish cycle.

RSI is currently turning around, and we have multiple buy signals on hourly time frames.

Currently looking to long any local retraces in into the $9,000 - $8,800 zone

Market : Bounce
Trend : Reversing
Current Play : Long position on established supports

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