amosjohndomingo

My Trading Plan for Bitcoin - October 1, 2021

INDEX:BTCUSD   Bitcoin
Hello everyone

In this recorded video and one of my first

I would just like to try to explain my thought process on how I will trade Bitcoin today, especially the opening of October monthly candlestick

It is best to actually wait for the closing of this Weekly candlestick, and have a strong overall directional bias for the Month, and Week by waiting the closing of the current weekly candlestick.

Again, most cryptocurrency like alt coins are in the green especially those that have bullish alignment

While those in bearish alignment are having a hard time pumping and getting out of the EMA dynamic resistance.

Overall my view is still bearish until we break above the previous high.

Thank you for watching and hope you like this video.

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