We are in a health consolidation mode as per BTC.
Observation:
Conclusion:
Wait for the pullback to 114-116 range before jumping in.
Observation:
- Bullish trend (short term)
- 1 hrly Candle sticks are above EMA 50 and 100 range, plus cross over over, indicating BULLISH
- RSI in 1 hrly overbought conditions
- Double bottom completed for a reversal
- Volumes are appearing to return and at this moment, dropping off due to the consolidation
Conclusion:
Wait for the pullback to 114-116 range before jumping in.
Trade active
Heading to 100 or less (if BTC decent is fast) matching BTC towards 3600 as 3500 will be hard to get target.Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
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.
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
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.
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.