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Yurlo
Aug 14, 2020 3:22 AM

IT'S GOING TO BE AN INTERESTING WEEKEND (white channels = (S/R)) Long

Bitcoin / DollarBitfinex

Description

-Yurlo

S/R = Support & Resistance.

I'm looking for a slight retest (either we've seen the dip or we've got more to do), followed by consolidation, then a leg up close to resistance, followed by another slight retest to prior resistance (in which we originally dropped from), & then possibly continuation.

From now on - I'll only be posting 1-2 charts per day max, easier for you guys to grasp my perspective & visuals.

Sometimes when everyone is expecting a big dump (it pumps) - will this happen? - time will tell.

That's it, best of luck and be safe.

Trade active

(Possible wick for a slight
retest before continuation)
-if we close this candle green


Comment

The chart above this comment is the 1 hour chart, while the original post is the 4 hour chart.
Comments
SlowAndSteadyTrading
Whats your play?
Yurlo
@SlowAndSteadyTrading, I'll let the market make it's mind up. I have a little motto i try to follow.

"don't chase the market, let the market come to you"
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