Bitcoin - Wait For Confirmation To LONG
Good day ladies & gentlemen!
I just attempted again to make a video publication but again, it did not workout.
So I will go ahead and publish this for the hell of being active.
Things I am watching for the short term: the Green line to get higher than the Energy on the 12h. The 90 min, 3h and 6h have already done so, so maybe those timeframes can flag with the price to go sideways, also making a higher low allowing the 12h to accomplish what I said above.
Now for the fun part!
Green lower than the Energy means a lower high on the daily, but it is above the 50 level, so we will most likely hit 57k at the bollinger basis before coming back down again. I expect a higher low or a double bottom when it comes down on the daily.
This is important because we need to win our mid term race between the 2D and 4D.
When we opened today the Red RSI on the 4D was below lvl 50. But as we moved up a little it went back above 50, which is good because since we have two 2D candles in one 4D we will most likely close this current 4D with the Energy on the 2D closing above 50 before the Red RSI on the 4D closes below 50. We will also watch the daily and 12h as we would want the Green to be higher than the Energy when this plays out.
I hope this helps you to make some decisions but remember: IT"S YOUR MONEY, WIN OR LOSE.
Trade thirsty, my friends.
I just attempted again to make a video publication but again, it did not workout.
So I will go ahead and publish this for the hell of being active.
Things I am watching for the short term: the Green line to get higher than the Energy on the 12h. The 90 min, 3h and 6h have already done so, so maybe those timeframes can flag with the price to go sideways, also making a higher low allowing the 12h to accomplish what I said above.
Now for the fun part!
Green lower than the Energy means a lower high on the daily, but it is above the 50 level, so we will most likely hit 57k at the bollinger basis before coming back down again. I expect a higher low or a double bottom when it comes down on the daily.
This is important because we need to win our mid term race between the 2D and 4D.
When we opened today the Red RSI on the 4D was below lvl 50. But as we moved up a little it went back above 50, which is good because since we have two 2D candles in one 4D we will most likely close this current 4D with the Energy on the 2D closing above 50 before the Red RSI on the 4D closes below 50. We will also watch the daily and 12h as we would want the Green to be higher than the Energy when this plays out.
I hope this helps you to make some decisions but remember: IT"S YOUR MONEY, WIN OR LOSE.
Trade thirsty, my friends.
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