NixonLB

4hr 200 ema double bounce. Bullish divergence on the larger dip

Long
NixonLB Updated   
BITSTAMP:BTCUSD   Bitcoin
Here are those ema bounces I was talking about in the other chart. You can see the divergence on the lower dip which should still be playing out despite the volatility. The run back up to 9k was too fast, the momentum carried it past and the price action whipsawed back down to supports. Look for a TTM squeeze indicator on 4hr or higher time frame if you wanna look for safer entries but I think this range is a good dip buying opportunity so long as 8.1k holds. I'll post a new large time frame chart later, probably after the daily close. Good luck as always and do your own research!
Comment:
If you like my analysis and want me to keep posting feel free to send some support :)

BTC: 3KX6UqYMnt9B7DfA734jD8Z21pey7PQMAa

ETH: 0x664c48E009DF286B248eAD472Ae0840BF75D9C78

XRP: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
XRP Tag: 843974114

USDC: 0x0B2dB1fC1D32e5F38Dfe0AC5f6631982
Comment:
Gonna include referral links from now on for those who wanna support me but can't send coins.

blockfi.com/?ref=22768c...
Celsius: 159280c86c
www.coinbase.com/join/tindal_fv
Comment:
plenty of good dips as expected and we are back in 9k ranges

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.