ssari

BTC (Y20.P1.E20).Ranging price area.Fractal

ssari Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi All,

In my opinion, we are in a region\zone where we seen twice and now potentially the 3rd time where price action ranges in a region, just below a key resistance area.
One might say, accumulation.
How you trade here is based on your strategy, but have one.

Me personally, I'm waiting for the 9k area to pickup up on any weak hands who let go of their holdings in this region.
As I mentioned in previous posts, I have BTC which I'm going long with as well.


Please don't forget to give me a tick\like, as I would appreciate it.

Regards,
S.Sari /CryptoProspa
(for my reference > Master.copy 8 HRLY

Comment:
Trend line or fib extension 1.618?
Comment:
Progress update: The pullback is gradual and looking good in terms in the way its pulled back. Here I think its the turning point with 2 strong 30 min candles, with MACD convergence and starting to turn up. As well as the wick has touched the previous resistance and now support.
Comment:
encouraging for a move up potential.
Comment:

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.