1/ Bullish engulfment h1
2/ Return to the red line (miner's break-even)
3/ Decent volume on the emphasized bars
4/ Shake-out in the last few days. Which is obvoiuos now. "What goes down too fast, comes up".
As for HTF view:
5/ But the main thing we want to witness is BTC being decoupled (sorry for cliche:) from SP500. That's the THING it was created for.
2/ Return to the red line (miner's break-even)
3/ Decent volume on the emphasized bars
4/ Shake-out in the last few days. Which is obvoiuos now. "What goes down too fast, comes up".
As for HTF view:
5/ But the main thing we want to witness is BTC being decoupled (sorry for cliche:) from SP500. That's the THING it was created for.
Trade active:
Looking closely at PA at 6700-6800 level. If BTC fails to hold onto this level than I'll probably close the trade
Trade active:
I really like the PA & momentum. BTC accumulated enough fuel to reach 7400-7700 level.
Comment:
It's highly likely that BTC is going to test 8k.
Trade closed: target reached:
100% closed.