GreenValleyTrading
Long

BTC/USD - Daily & 3D - Bullish setup

Potential double bottom
Bullish swallowing daily candle
Bull divergence on daily
Hidden bull div with 3k bottom on 3D
Volumes OK
Yearly pivot point still holding as support

Target ? 9000
Support ? 8000-8100
Comment: As I wake up, this scenario is losing value
Potential hidden bear div on 4h
POC titrated up and is now acting as resistance (volumes point of control)

Comment: Let's see if support holds and then resistance breaks
If not ? I'm looking into 7200 area
Comment: This morning, it seems like this scenario is regaining strength as BTC makes a bullish engulfing candle
The hidden bear div is bouncing on the validation level (50),
As 8100 holds, it can still go to 8500 and 9000

Comments

As I wake up, this scenario is losing value
Potential hidden bear div on 4h
POC titrated up and is now acting as resistance (volumes point of control)

Reply
S1 and S2 with french fries, for me ....
Reply
I prefer to adapt
Reply
Damians GreenValleyTrading
@GreenValleyTrading, This looks like a big and fat bearish flag ...
Reply
@Damians, This looks like it could be any pattern until one confirms itself
Reply
@Damians, Ketchup or mayonnaise ?
Hum... let's go for ketchup
Reply
Damians GreenValleyTrading
@GreenValleyTrading, do you mean blood ? 6700 is expected
Reply
@Damians, This is funny because you're talking like in the name of science, like everybody is expecting 6700 while you are the one waiting for it
Then, trading is more about risk management than being right
Reply
GreenValleyTrading GreenValleyTrading
Anyway, you know what we say : "when everybody is waiting for it ..."
Reply
Damians GreenValleyTrading
@GreenValleyTrading, flag pattern is not complete yet anything could happen.
Reply
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