BTC Momentum Tracker: 15m Long opportunity
Updated
The low time frame (LTF) bullish momentum is approaching its low, indicating a potential long opportunity. Wait for a pullback, even if there is a breakout. The target zone is between 62.5k and 63.5k. Set the stop-loss at the current low.
Note
Chart Update for Those Interested
In the momentum tracker (middle pane), the white horizontal lines indicating swing highs and lows are aligned with the histogram. The blue line represents total momentum, the red line indicates bearish momentum, and the green line shows bullish momentum. The orange line is the MACD of the total momentum, normalized to a 0-100 scale, and the histogram corresponds to this.
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