BTC 4H - BUY AT PULLBACK OPPORTUNITY
Updated
# An expanding Bollinger Band provides much support for a brief pullback. A shrink back inside the Keltner Channel is a room for this little maneuver.
# Price reached 9500 after a period of support test and consolidation. With immediate support at 9420-9370. A brief pullback is expected to this level, with current bullish sentiment, long position can be placed here.
# This idea will be invalidated if price action around 9470-9520 attracting more volumes, and push the price higher.
DYOR Always
# Price reached 9500 after a period of support test and consolidation. With immediate support at 9420-9370. A brief pullback is expected to this level, with current bullish sentiment, long position can be placed here.
# This idea will be invalidated if price action around 9470-9520 attracting more volumes, and push the price higher.
DYOR Always
Note
Possibly a small Head & Shoulder pattern could occur by testing 9550-9570 then small rejection would form a right shoulder. This scenario would push the BTC back to the current price range, at the left shoulder of H&S.
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