YIQIN

YIQIN

From the 4H chart, price is able to reclaim $20000 and there is a market structure break indicating bullish set up. Based on indicators, MACD has a golden cross and below the axis, RSI also forming a bullish divergence and price stayed below EMA 200. This indicates that there will be possibly a relief bounce. However, the overall structure is looking not too...

YIQIN

From the 4H chart, price is able to reclaim $20000 and there is a market structure break indicating bullish set up. Based on indicators, MACD has a golden cross and below the axis, RSI also forming a bullish divergence and price stayed below EMA 200. This indicates that there will be possibly a relief bounce. However, the overall structure is looking not too...

YIQIN

Currently, the price right now is hovering around the range low, but down there, there is still a local low. So, possibly the price will probably head towards the local low and made a deviation above the local low. The local low is currently sitting at 20068, however in order for the deviation to be valid, price need to be able to reclaim 20068 after it made the...

YIQIN

From the chart, I have marked out the range low and range high of the previous cycle, the previous range is acting as a box of accumulation where once it is done accumulating, it broke out and never return. Hence, the range low which is sitting at $21 is a significance level, where longing it here or buying spot, offer great Risk:Reward. Look at how the range low...

YIQIN

Right now, ETH is potentially forming a deviation below the range low, asking 1150-1050 to form a base around here, and consolidate. Ideally price should be consolidate around this area, and pump towards 1400 which is the 4H FVG. The reason I am suggesting ETH is that because ETH offers a clearer set up as compared to BTC. However, right now, do not catch the...