4h candle wicked to the HTF down trendline easy short with a tight SL moved into breakeven now time for sleep
as we can see we are still in an downward move and my plan is to ladder my orders between the purple lines wedge is still working so i see it as an continuation pattern
this is the game plan for btc the coming days/weeks thats all i have to say
as we can see bitcoin has a nice support on a long lasting trend line and fails to go under it. current price also corrolates with 200 ma wich makes it a great support level, a daily close under would mean we go look for support on the next trendline, but for today i think we have more change of going up and touch the green trendline as a minimum, break that and...
as trendlines show we still have some more upside before going down break redline is we fly high break yellow means we go down allot short term sentiment is bullish so would look for long entry on yellow line if u feel bearish u can look for an short entry on the redline
triple hit on downtrendline so its legit. short time trendline acted as a support and bounce nicely of it but was not a sure buy because it closed just under. yellow line for buys, if close under possible drop to fat green line as that is the trend line few hits on the up trendline which now became resistant for now look for short entry you now know where to look
just some ez trend lines and ema's, but wicks touched the lines so good entrys there as show lines is going up so move SL accordingly up. sentiment is unclear at the moment so would not take big risks here and just put orders in area's you think it wont reach if you catch it bonus profit if not also no loss stay hydrated u are 80% water, so be like water and go...