I will be starting to post more outlook ideas in the coming weeks, with common Forex Pairs, Commodities, and other instruments. For now, looking at BTCUSD, I see a large number of ideas using EMA's, Divergence, and other tools. Personally, I want to keep things simple and I will explain why I think overall BTCUSD will have a bullish outlook in the coming weeks. I have put in quite a bit of my own money into investing in Crypto, and in the past I have been quite successful with it, but we never know what the outcome will be in these uncertain markets!
Market Overview
Price has reached a very strong level of resistance, where we are finally starting to see price slow down.
If we missed the initial bull move from March until now, we can enter on a retest.
I will b e patient and wait for the perfect opportunity to enter, as I will wait for PA to show me so!
Don’t hesitate to DM me if you have any questions or inquiries. Watch the chart and ensure using price action, or your strategy as well. Feel free to follow, and leave a like! If you have any recommendations please comment! This is just a set you in my own trading plan, please ensure you observe price action, and watch the price itself for your own strategy too :).