BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It's like calling tops all the way up to $20,000, you will look stupid

Find zones to trade the bounces

The bars aligned right are the volume levels per price.

High trading volume is within the 7k-7.75k range which can be a high probability zone for a bounce.
Comment: Ridiculous call yet gain

Overshot to the area of confluence
Comment: bounced!
Comment: ideally we want to make a higher high at 12.2K

then we want to shoot back down to around 11-10k before coiling
Hello! Thank you for the analysis! Coud you please to update it?
+1 Reply
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