BTC (Prj.2019.Short.1).Micro level, another short opportunity?
Updated
Summary:
> Price refuses to go down, anything below 10K gets bought up
> Bullish pattern, aligned with most ALTs with bullish patterns
> RSI supports the bullish pattern
> For now, it seems 10k to 11K is the range for trading |volatility
> Risk is high, 60% to 40% ?
> A few main resistances to overcome to hit the fib level target and\or slope\upper channel resistance [confluence]
Daily Chart:
> Price refuses to go down, anything below 10K gets bought up
> Bullish pattern, aligned with most ALTs with bullish patterns
> RSI supports the bullish pattern
> For now, it seems 10k to 11K is the range for trading |volatility
> Risk is high, 60% to 40% ?
> A few main resistances to overcome to hit the fib level target and\or slope\upper channel resistance [confluence]
Daily Chart:
Note
Note
My Divergence hypothesis supports this move, however it shows me that we will go side ways a bit longer before the bullish hidden div.Note
I think this level is a critical pointNote
It looks we will get a drop, a small drop with a stronger bounce. Shorting is the only way for now.Note
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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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