12/3 - Many small projects started to move, means that marke found balance in BTC consolidation and is likely to go up.
small weekly doji candle forming
Daily - in last 3 days volume is getting smaller. All 5 past candles got rejected at 58k level with longer wicks on the upside.
12h - still local downtrend. If there was move up to happen it is likely that the price will be pushed down first.
4h - still in congestion phase, volume below average
2-1h - long wicks and tests of the price to go up
Leaving previous day short open. Possibly close earlier at support of 12 EMA - set alert 55400
small weekly doji candle forming
Daily - in last 3 days volume is getting smaller. All 5 past candles got rejected at 58k level with longer wicks on the upside.
12h - still local downtrend. If there was move up to happen it is likely that the price will be pushed down first.
4h - still in congestion phase, volume below average
2-1h - long wicks and tests of the price to go up
Leaving previous day short open. Possibly close earlier at support of 12 EMA - set alert 55400
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.