jasonparent

shot term long on Btc

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS

It looks like we entered into a accumulation faze and hopefully can get a back on with the overall trend,
holding above the 8500 range was a good sign maybe a spike in vol would help.

Not sure what more there is to say i'll try to explain more in my post but i'm still new and learnig so any comments or tips would be appreciated. I figure we draw the lines and then let the paint talk for us as traders.
If we get a big green candle form on the four hr and maybe a back test of the break out level Bitcoin may continue on its macro trend and we could see a reversal I would adjust my stops accordingly as you see fit.

Thanks, for taking the time to look over my idea and if you could take the time to hit the like button it would really helps me out and motivates me to bring better descriptions to the ideas and more of them.
Thanks again.


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.