Bitcoin Buy the Demand Zone 20191004

Bitcoin Buy the Demand Zone 20191004
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
go8686

Bitcoin new Demand Zone: 8000 - 8150

Target: 8250 - 8350

Symbol: BTCUSD
Timeframes: 15M - 12H

Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short term ribbons: Blue * 2 in 30M and 42M; If Blue becomes Purple, the support is broken.
Medium term ribbons: Light Red, Red - So this is to reverse in medium term
Long term ribbons: Still Red - We are in a Big Bear Trend -- Don't forget that, If the resistance is still tough, don't hesitate to close the position.

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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.