Hey hey hey! Bouncey bitcoin yet returns!
There are four different factors that support our trade
SUPPORT REGION
DAILY RSI VALUE
VOLUME SQUEEZE
DESCENDING WEDGE (more visible on 4-hour)
We need significant buyback volume to engage some form of a long and confirmation~ preferably a bullish engulfing.
There is a murky no-trade zone I have displayed on the event of a stoploss, if this gets broken shorts can be opened, and on the event of a strong bounce I will post new opportunities!
There could be a small bull run, and a repeating fractal but that can only be validated off the first pullback if we see a long leg up to the 9k/11k+ region.
Want to join a private trading group?
PM me.
Thanks for reading, a follow on tradingview and a like would be greatly appreciated, plus you get an e-mail every trade I create a trade opportunity for you!
This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
1k followers ~ FACE REVEAL
Xander
There are four different factors that support our trade
SUPPORT REGION
DAILY RSI VALUE
VOLUME SQUEEZE
DESCENDING WEDGE (more visible on 4-hour)
We need significant buyback volume to engage some form of a long and confirmation~ preferably a bullish engulfing.
There is a murky no-trade zone I have displayed on the event of a stoploss, if this gets broken shorts can be opened, and on the event of a strong bounce I will post new opportunities!
There could be a small bull run, and a repeating fractal but that can only be validated off the first pullback if we see a long leg up to the 9k/11k+ region.
Want to join a private trading group?
PM me.
Thanks for reading, a follow on tradingview and a like would be greatly appreciated, plus you get an e-mail every trade I create a trade opportunity for you!
This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
1k followers ~ FACE REVEAL
Xander
Comment:
Guess what bounced? BITCOIN DID BABY.
Comment:
I do expect a pullback to 7.1-2s range, if the volume remains as dead as it is.
Comment:
Not trading even about the open line, ideally 7600+ and good volume will do it!
Comment:
FYI no trade yet, not liking it until about that 76s resistance!
Comment:
Potential drop to 69s coming due to that weak volume.
Comment:
I believe a similiar situation to the last bottom will occur! More accumulation.