BTC dominance continues with pairings hitting lower lows while BTC confirms the double bottom at $9k is the low for now. Limited resistance until 2019 highs in the low $13,000s.
Bulls continue to buy the 4 H higher lows and 4H EMA12 support is a great visual guide for us to determine if the bulls are keeping full control.
Just a quiet 7 day bull move, shaping up the weekly chart as very strong.
Remember after significant bull moves there are short term trades based on the first 5 min oversold RSI and the first hourly oversold RSI when we do see some more prolonged consolidation.
There should be a good amount of bulls looking to buy the daily higher low when we do see a bit more prolonged consolidation.
Personally not in a swing position after taking a couple days off from trading last week and not finding an entry point I like since then... but the long term anti-FOMO no touch position is doing its job making me perfectly fine with that!
A goal of mine trading is to just have more money than yesterday, and that longer term position is ensuring that.
I will be one of the bulls looking for entries on the daily higher low, and watching ETHBTC and LTCBTC pairings to see if there is an oversold bounce opportunity as well.
Bulls continue to buy the 4 H higher lows and 4H EMA12 support is a great visual guide for us to determine if the bulls are keeping full control.
Just a quiet 7 day bull move, shaping up the weekly chart as very strong.
Remember after significant bull moves there are short term trades based on the first 5 min oversold RSI and the first hourly oversold RSI when we do see some more prolonged consolidation.
There should be a good amount of bulls looking to buy the daily higher low when we do see a bit more prolonged consolidation.
Personally not in a swing position after taking a couple days off from trading last week and not finding an entry point I like since then... but the long term anti-FOMO no touch position is doing its job making me perfectly fine with that!
A goal of mine trading is to just have more money than yesterday, and that longer term position is ensuring that.
I will be one of the bulls looking for entries on the daily higher low, and watching ETHBTC and LTCBTC pairings to see if there is an oversold bounce opportunity as well.
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