Buyers push price higher and look ready to squeeze out the sellers

Buy Entry Alert on Bitcoin was triggered at 10400 so the alert is now active. The Stop Loss is held at 9850 for now and the current market is trading at 10420.

Alert History

Original Buy Entry Alert 12/09/19

New Buy Entry Alert BTCUSD

Time Frame : Daily

Bitcoin BTCUSD

Bitcoin has been edging down into support and looks primed for a run higher and drag in the buyers along the way. We are happy to buy on a push up through 10400 with a Stop Loss at 9850. If price falls below 9850 prior to entry, we will cancel the alert and re-assess the action. The entry is more aggressive as we have not seen a break higher but it is anticipation of a higher low forming and resultant pressure on the sellers.

Stock Code : Bitcoin BTCUSD

Current Price : 10077

New Buy Entry (Trigger Level) : 10400

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 9850

Status : On watch for Buy Entry Trigger