Short-term price action idea
Updated
A possible short term price action idea to trade both ways.
Both long and short positions need further confirmation within time.
Both long and short positions need further confirmation within time.
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I meant daily bearish div.Comment
The bearish trendline could deny the upper 4 hour chart movement.Comment
flag bottom brokedown, long will be handled like a range trade nowComment
still kind of weak price action but we went above break even SL for the long positionComment
4 hour reversal is still in play even with the weak 15m price actionComment
The 50 and 100 SMA turn to green shows possible upcoming strength on the 15m chartComment
Momentum is mostly negative atm and Chopiness is pretty high. Means another retest to the range bottom 58250 is possible. No speculation about a possible break down yet.Comment
Well there was it even lower. In wyckoff model it could work as spring for an uptrend but it lacks confirmation on higher timeframes.November was always a red month the last few years for Bitcoin, this is something to keep in mind too.
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Short side targetsComment
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