Price finnaly found double bottom and RSI shows strength to go up. Area around $13 shows a lot of demand and buyers support zone. Long with short stop loss and potentially high % profit. Entry 12 TP 16 SL 10
After 2 months of consolidation there was one pump and rejection of weekly strong yellow level. Since beginning of december looks like re-accumulation with spike in volume during night 2-3 dec. Price pushed down together with fall of BTC, currently around weekly strong yellow level. Possible another move up. Confidence in trade 1/3 Entry 4.83 TP 5.9 - around...
Accumulation zone in the past two weeks. Strong daily support - red line. Strong double bottom confirmed by RSI and MACD going from bottom up. Move up from second bottom supported by high volume, (temporarily) pushed down during BTC fall. Position size 1/3 Entry 0.5150 - room for further move down by BTC SL 0.49825 TP at resistance 0.652 RR 2.8
Daily: rejection from 58k level on substantial volume. From this perspecitve looks like continue of downtrend. 4h Resistance at 58k looks stronger than support at 56300 1h RSI bearish divergence 30m btc gets rejected of 200EMA
from long term perspective its a downtrend in a declining triangle, no volume shows to to support any upward move, Position short to the next support zone.
Huge pump on volume and price rejected of monthly stron yellow resistance. As happened in the past looks like pump and dump move. BTC falling, possible another touch of to the resistance and fall to POC line Entry 2.88 TP 2.67 SL 2.97