STRAT-BTC 4HR RE-ENTRY
Updated
TD Sequential: Currently on an uptrend with a positive #4. Possible down 2-4.
SuperTrend: Nearing the sell signal line.
Bollinger Bands: Nearing the upper part of the bands, which might lead to slight downturn.
Stoch RSI: Slightly oversold. Waiting for a cross to confirm a downtrend.
(Noticing a potential bearish divergence in correlation with Stoch RSI)
Last comment of my last trade, was to fish in buy orders at the .236 Fibonacci level as well as the .382 level.
The .236 acted as the strong support with multiple touches that would have signaled a re-entry.
Personal Selling point: .000624
Possible re-entry: Looking at the .236 and .382 Fibonacci levels again.
Note this is speculation and not financial advice
SuperTrend: Nearing the sell signal line.
Bollinger Bands: Nearing the upper part of the bands, which might lead to slight downturn.
Stoch RSI: Slightly oversold. Waiting for a cross to confirm a downtrend.
(Noticing a potential bearish divergence in correlation with Stoch RSI)
Last comment of my last trade, was to fish in buy orders at the .236 Fibonacci level as well as the .382 level.
The .236 acted as the strong support with multiple touches that would have signaled a re-entry.
Personal Selling point: .000624
Possible re-entry: Looking at the .236 and .382 Fibonacci levels again.
Note this is speculation and not financial advice
Trade closed: target reached
TD Sequential: We had positive 4. Right now on a negative 4.
Selling point at .000624 was confirmed.
Then we got the dip we expected riding around the .236 - .382 Fibonacci levels.
Stoch RSI- Looking for a cross.
We can figure out a good sell point for out next trade.
Note this is speculation and not financial advice
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