BTC TECHNICAL ANALYSIS
Good day to yall.....
Hope yall are chilling?
Looking at how BTC made about 55% at a go is awesome especially in this disasterous economy we find ourselves today, i must confess it is actually impressive,btc have held well and would have even done better if not for the Rug pulls and scams project here and there.
on the dailly timeframe BTC looks bullish and on the weekly a key structure was broken creating HH, but note Monthly outlook is still bearish and price is over bought which is reflecting on the 4hrs TF, i capitalized on it giving a great 4RR.
MY OBJECTIVES:
1. If price approach my Demand zone first am going LONG and my supply zones becomes profit targets.
2. If price approach my supply first then i will be aggressive on SHORT but preferably after market open on stocks then when price approaches Demand i wait for confirmation.
3. I'll be watching Dollar index closely to see if the weakness continues, if it continues then LONG will be appropriate.
GL.
COMMENT,LIKE,FOLLOW & SHARE
Hope yall are chilling?
Looking at how BTC made about 55% at a go is awesome especially in this disasterous economy we find ourselves today, i must confess it is actually impressive,btc have held well and would have even done better if not for the Rug pulls and scams project here and there.
on the dailly timeframe BTC looks bullish and on the weekly a key structure was broken creating HH, but note Monthly outlook is still bearish and price is over bought which is reflecting on the 4hrs TF, i capitalized on it giving a great 4RR.
MY OBJECTIVES:
1. If price approach my Demand zone first am going LONG and my supply zones becomes profit targets.
2. If price approach my supply first then i will be aggressive on SHORT but preferably after market open on stocks then when price approaches Demand i wait for confirmation.
3. I'll be watching Dollar index closely to see if the weakness continues, if it continues then LONG will be appropriate.
GL.
COMMENT,LIKE,FOLLOW & SHARE
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