Long

ADR ENTRY LEVEL with 2 Targets

Updated

ADR entry with two upper targets. Once it reaches orange zone: Check RSI for any possible bearish reversals. This strategy reaches to the green zone then moves to the downside.
This trade idea is intended for short trades yet reads long.

Note

ADR and stoch RSI ideas still stand. Back to hanging man major dip OB $61,844 otherwise support has read from equal lows $61,657.

Note

Dumb money has caused panic disorder. Smart money loves it. Others take advantage by reloading, others are more hopeful for a bigger dip which will not because smart money has the buying power to do what they want.
SM is just waiting for more DM panic. Someday this will end.
Are there any WIZARDS at TradingView which predicted for BTC to dip below 60k? No one knows.

Note

BTC reads to recover will revisit $62,987

Note

BTC will revisit significantly revisit price zones called 66k then $67,239.

Note

Wavy moving sideways. Volume reads it.

Note

I took time buying my Starbucks while BTC was at -4%. What I wanted to say: who says with their TA research BTC will fall below 60k.

NO, NO, NO.

The_ForexX_Mindset

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.