This is a continuation of the previous post "BTC-Y20-P1-E20.v2-Ranging-price-area-Fractal"
Just an update on my thoughts:
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People are waiting for the drop due to the daily bearish divergence which is likely to be 8900 > 9050.
However its not turning out that way.
This ranging price will create some bullish formation. Using my channel, I see support as per the chart.
Approach:
Buy at the dips where I have support, in the wicks area.
Have funds to buy at the 8900 > 9050 if it is to drop, wick again.
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Previous Posts
Just an update on my thoughts:
=================================
People are waiting for the drop due to the daily bearish divergence which is likely to be 8900 > 9050.
However its not turning out that way.
This ranging price will create some bullish formation. Using my channel, I see support as per the chart.
Approach:
Buy at the dips where I have support, in the wicks area.
Have funds to buy at the 8900 > 9050 if it is to drop, wick again.
==================================
Previous Posts
Note
Note
Note
Note
I came across this old chart as a possible scenario.tradingview.sweetlogin.com/proxy-s3/p/P8yj4DK3_mid.png
Note
15 min chart is give the 1st signs of a good bounce. However we don't know if this is a bounce towards the main support, 8900s.Note
What's important at the macro level, the trend on the RSI. We must on the daily RSI keep above the trend line or EMA as per chart.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.