Is BTCUSD finally at the bottom of a channel?
Is it time for a big boom to 20,000? Probably not..
But, based on recent history, it looks promising that we may see an upward move..
If you saw our last post that I linked, we mention how we are using our big three strategy to trade BTC.
Same rules still apply as right now bears are temporarily in charge.
If BTC dips around 5800-5900 range, this will be a great range to keep an eye on if you are a BTC buyer.
I will keep this updated throughout the day, let me know if you have any questions or comments!
Is it time for a big boom to 20,000? Probably not..
But, based on recent history, it looks promising that we may see an upward move..
If you saw our last post that I linked, we mention how we are using our big three strategy to trade BTC.
Same rules still apply as right now bears are temporarily in charge.
If BTC dips around 5800-5900 range, this will be a great range to keep an eye on if you are a BTC buyer.
I will keep this updated throughout the day, let me know if you have any questions or comments!
Note
Here are some bench mark price levelsNote
Big 3 bullish rules begin to apply with a candle close above 80 sma blue lineNote
1H candle close above 80 smaBig 3 trade setup developing
Waiting for Step 2 Bearish pullback
Then Step 3 green bullish continuation candle - enter at close
If any of these steps do not happen then trade is void
Note
Here are some Big 3 Bullish entries on 1H, 30M & 15Mscreencast.com/t/rrDqcVbRA6H
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.