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Yurlo
Jul 11, 2020 2:20 AM

BTC DAILY CHART EXPECT HIGH VOLTALITY OVER THE WEEKEND  Long

Bitcoin / U.S. dollarBitstamp

Description

SPX breaking out upwards paints a clear picture for me when it comes to visualizing price action...HOWEVER:

It's now the weekend peeps, thus being said take more cautious steps when trading. Use lev leverage, lower amounts on initial entry, and stick to the plan.

Enjoy your weekend, CHEERS.

👍 👍 👍

Comments
Phi-Deltalytics
Caution is key! Still many conflicting signals across different time frames. The daily BTC chart does have slight bullish technical signs. However, I think more volume is needed for the bullish scenario to play out. Before then, I’ll remain on the short term neutral to bearish side. What do you think of the setup below?
Yurlo
@Phi-Deltalytics, Very good points, and yes but I think the volume will come sooner then later. Great chart! Cheers.
Phi-Deltalytics
@Yurlo, yup. The question is to which side...
Yurlo
@Phi-Deltalytics, Weekends are scurrrrry
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