BTC (Y20.P1.E20).Ranging price area.Fractal
Updated
Hi All,
In my opinion, we are in a region\zone where we seen twice and now potentially the 3rd time where price action ranges in a region, just below a key resistance area.
One might say, accumulation.
How you trade here is based on your strategy, but have one.
Me personally, I'm waiting for the 9k area to pickup up on any weak hands who let go of their holdings in this region.
As I mentioned in previous posts, I have BTC which I'm going long with as well.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
(for my reference > Master.copy 8 HRLY
In my opinion, we are in a region\zone where we seen twice and now potentially the 3rd time where price action ranges in a region, just below a key resistance area.
One might say, accumulation.
How you trade here is based on your strategy, but have one.
Me personally, I'm waiting for the 9k area to pickup up on any weak hands who let go of their holdings in this region.
As I mentioned in previous posts, I have BTC which I'm going long with as well.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
(for my reference > Master.copy 8 HRLY
Note
Trend line or fib extension 1.618?Note
Progress update: The pullback is gradual and looking good in terms in the way its pulled back. Here I think its the turning point with 2 strong 30 min candles, with MACD convergence and starting to turn up. As well as the wick has touched the previous resistance and now support.Note
encouraging for a move up potential.Note
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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