Hello, guys!

This morning I warned you that Bitcoin can dump to $18k, but in couple of hours the price can cancel this negative scenario.

The MACD is printing the increasing column on the histogram on the 4h time frame. If this candle close at the same state we are going to see the huge long signal. Moreover according to Trading Chaos approach we can see the true confirmed bullish reversal bar. This bar also has the MFI state = "squat" and has the angulation with the alligator. Therefore, I opened long with the stop loss below the low of the bullish reversal bar.

Chart 1. BTC chart.

Best regards, Ivan

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