Long

Bitcoin Daily Candle Analysis May 12, 2022

Updated

The Bitcoin daily candle is a Dragonfy reversal candle, giving us opportunity to go long. Confluence provided by a bounce out of the golden pocket with significant volume.

Note

Always have a trade plan, stick to it, and - above all - exercise proper risk management.

Order cancelled

that was the bounce

Note

I'm seeing a soon-to-be exhausted bearflag.

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