Daily chart appears to bullish overall, and I'm confident the retrace is complete, after bouncing off the monthly pivot level. Jumping over to the 4hr chart to get a good solid entry.
There will be some obstacles ahead to confirm the bullish trend continues but for now it's looking promising.
There will be some obstacles ahead to confirm the bullish trend continues but for now it's looking promising.
Note
Possible bearish scenario - if we fail to break trendline, create a right shoulder, and then fall below sloping blue line, it is all over red rover. $3k btc thereafter.Note
Buying btc on next retrace.Note
Bought btc $10900.Note
Guess I should have been more patient and followed my plan 100% :)Trade closed manually
We out.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.
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.