Xbtc
BTC (Prj.2019.P04.E02.v2).Micro Level TASummary:
A number of indicators showing major resistance:
> Ichimoku resistance level
> 50/200 EMA/SMA on the 4 Hrly
> Previous resistance levels
> Formation of RSI reflecting price value
> Sloping resistance with LH
All other related information\summary for the MACRO level is in the previous post
Close up on 4 Hrly
Next move IDEAWatch for the purple circle and WAIT for confirmation of green trend line break (even back test for conservative traders) OR bull triangle breakout w/ tight SL or cross (<6000liq) loose SL. I would lean towards the former. This obvi applies to Bitmex however I chart on stamp. GL & this is not financial advice my dudes/dudettes.
BTC LOOKING NICE FOR LONG USE 1:1 RISK REWARD RATIO BTC XBTC USE 1:1 RISK REWARD RATIO
ENTRY AT THIS MOMENT 5264
STOP LOSS 5224
TAKE PROFIT 5352
TRAD FOR 1.70%
DON'T FORGET MONEY MANAGEMENT
