I expect the yellow rectangular is an uncertain zone. The purple bar is the resistance zone
I think I see the same thing as Dmitriy, only buying above 6790 approx, because now it's like a 50/50 about whats going to happen . I do see a nice bullish divergence on MACD-H though. It could show the power to reach the 22-day EMA maybe, drawing a new lower high. I see +DI from DMI is curling upwards somewhat. Good sign, but pretty modest still.
We have to see the coming hours/days, how this develops. I myself have no interest yet in this trade.
If BTC is able to go through 6800, we could buy and take profit round 7200-7300.
The Stoploss would be around 6400, and that Risk reward ratio is too low for my loving.
It is important how this develops, to see if we can work on trade setups for alts.
I think I see the same thing as Dmitriy, only buying above 6790 approx, because now it's like a 50/50 about whats going to happen . I do see a nice bullish divergence on MACD-H though. It could show the power to reach the 22-day EMA maybe, drawing a new lower high. I see +DI from DMI is curling upwards somewhat. Good sign, but pretty modest still.
We have to see the coming hours/days, how this develops. I myself have no interest yet in this trade.
If BTC is able to go through 6800, we could buy and take profit round 7200-7300.
The Stoploss would be around 6400, and that Risk reward ratio is too low for my loving.
It is important how this develops, to see if we can work on trade setups for alts.
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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.