Hey everyone, hope you all have had a good week of trading thus far. I just wanted to post what I am seeing in BTC at the moment. I am looking at the 4 hour. It hit my short term buy zone in the blue box, before making a lower high. BTC failed to hold the $11,000 mark, and I believe we are in for another pull back into the green box on my chart. Looking at the OBV we are in a downtrend, and the STOCH was overbought around the time we pulled back.
BTC may see some sort of Bull Trap today, but I am waiting for the pullback around the 61.8% fib. Feel free to leave your comments, because I love to hear different viewpoints.
Thanks,
ZV
If you would like to learn more about trading, TA, or my firms portfolio feel free to reach out to me.
BTC may see some sort of Bull Trap today, but I am waiting for the pullback around the 61.8% fib. Feel free to leave your comments, because I love to hear different viewpoints.
Thanks,
ZV
If you would like to learn more about trading, TA, or my firms portfolio feel free to reach out to me.
Comment:
This did not age well.