This analysis is courtesy of Tim West time@mode system, and Ivan Labri for introducing me to the system, if btc manages to break the 6k low, price has a target of 3300, with expiry date of 46 days.
Excuse if all don't look that professional yet, its my first post.
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*courtesy
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Trade closed manually
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btc looks to be turning around, better to go cash until the bullish momentum subside
Good work. What indicators are you looking at that suggest this trend?
pietersielie
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@kash27, no indicators, just price action, its based on accumulation distribution phases of the market, and the market profile. Price is in pursuit of value, and moves from ranging to trending markets and back to ranges in this pursuit. Have a look at Tim West here on trading view, he invented the system.